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The Federal Reserve meets about every six weeks to determine its interest rate policy. At the conclusion of the meeting, the Federal Reserve announces its
The Federal Reserve meets about every six weeks to determine its interest rate policy. At the conclusion of the meeting, the Federal Reserve announces its interest rate "target." Which interest rate does the Federal Reserve target? a. the T-Bill rate b. the average prime rate c. the 30-year treasury bond rate d. the discount rate e. the Federal Funds Rate
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