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The Federal Reserve establishes operating targets, which will result in the achievement of intermediate targets, which will ultimately lead to the achievement of economic goals.
The Federal Reserve establishes operating targets, which will result in the achievement of intermediate targets, which will ultimately lead to the achievement of economic goals. Which of the following lists represent economic goals?
a Money supply; bank credit
b Openmarket operations; the discount rate; reserve requirements
c Longterm interest rates; shortterm interest rates
d Bank reserve levels; federal funds rate
e Productivity GDP; employment; international trade
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