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Question 22 O Mark this ques Which of the following is NOT a step in the process of lending federal funds? The Fed gives short

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Question 22 O Mark this ques Which of the following is NOT a step in the process of lending federal funds? The Fed gives short term loans to banks to help them meet reserve requirements. O Banks with excess reserves loan money for one night to banks who cannot meet the reserve. O The FOMC sets a target for the federal funds rate. At the end of the day, deposits and withdrawals influence the reserve level

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