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Question 1: Explain how the Federal Reserve would implement a rise in the target range for the federal funds rate. How does its action influence

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Question 1: Explain how the Federal Reserve would implement a rise in the target range for the federal funds rate. How does its action influence the market federal funds rate? Question 2: How does the time consistency problem apply to the conduct of monetary policy? How might long terms of office for central bankers help overcome this

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