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The _____ is/are possible because the Fed is able to _____. floor framework; set tax rates that adjust the opportunity cost of spending money lender
The _____ is/are possible because the Fed is able to _____. floor framework; set tax rates that adjust the opportunity cost of spending money lender of last resort; directly impact the federal funds rate interest rates on excess reserves; directly set the federal funds rate floor framework; set the opportunity cost of lending in the federal funds market
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