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Which of the following serves as the Federal Reserve's long-range monetary policy target? Select one: O a. The fed funds rate of interest O b.

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Which of the following serves as the Federal Reserve's long-range monetary policy target? Select one: O a. The fed funds rate of interest O b. Market interest rates O c. Ultimate policy goals O d. The discount rate of lending Which of the following serves as the Federal Reserve's operating monetary policy target? Select one: O a. The fed funds rate b. The discount rate of lending c. Ultimate policy goals d. Market interest rates

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