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Why do you think the Fed projects that the profits it receives and transmits to the U.S. Treasury likely will decrease in future years? Assume
Why do you think the Fed projects that the profits it receives and transmits to the U.S. Treasury likely will decrease in future years?
Assume that the Fed does increase the interest rate it pays for reserves sufficiently to induce banks to maintain high reserves. Could that have any effect on you?
Reference: Miller, R. L.. (2021).Economics Today: The Macro View, 20thedition. Pearson: Upper Saddle River, NJ.
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