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Question 3 8 ( 1 . 2 5 points ) Which of the following statements about the Fed is true? The Fed conducts both monetary
Question points
Which of the following statements about the Fed is true?
The Fed conducts both monetary and fiscal policy in the US
The Fed conducts fiscal policy, but not monetary policy in the US
The Fed conducts monetary, but not fiscal policy in the US
The Fed conducts neither monetary nor fiscal policy in the US
Question points
When the Fed increases the interest on reserve balances, the federal funds rate
increases
decreases
not enough information
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