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The Federal Open Market Committee (FOMC) expresses its monetary policy stance in terms of its target for the federal funds rate. Answer true or false
The Federal Open Market Committee (FOMC) expresses its monetary policy stance in terms of its target for the federal funds rate. Answer true or false to the following statement. The federal funds rate is the interest rate charged by the Fed on loans to the federal government of the United States.
Select one:
A.True.
B.False.
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