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Which is incorrect regarding the U.S. Federal Reserve System? a. When the Fed sets an interest rate target, its target is achieved through a desired
Which is incorrect regarding the U.S. Federal Reserve System? a. When the Fed sets an interest rate target, its target is achieved through a desired Federal Funds rate. b. The Fed has little influence over long-run real rates of interest. c. The Fed lends to banks and major financial institutions on a regular basis. d. When the Fed sells bonds, the money supply increases
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