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Why the stability of the interest rate is considered one the main objectives of a modern central bank? How many directors each Federal Reserve Bank
- Why the stability of the interest rate is considered one the main objectives of a modern central bank?
- How many directors each Federal Reserve Bank has and who appoints them?
- Which component of the Federal Reserve System decides on the open market operations and what will be the effect of buying government securities?
- What is the primary justification for having an independent central bank?
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