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The Federal Reserve System was established to provide a stable monetary system for the entire economy.The Federal Reserve Bank (the Fed) has three major tools

The Federal Reserve System was established to provide a stable monetary system for the entire economy.The Federal Reserve Bank (the Fed) has three major tools to control the money supply: 1) reserve requirements, 2) discount window for loans to member banks, and 3) open market operations.

How do each of the Fed's tools work?

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