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Unformatted text preview: Current as of 12/14/2010 BCOR 1010 Tools of the Fed Reserve Requirement - the percentage of deposits which a bank must have on hand, or hold in reserve. Discount Rate - the interest rate at which the Fed lends money to banks Open-Market Operations - buying and selling government bonds (government securities). Current as of 12/14/2010...
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This note was uploaded on 12/13/2010 for the course BCOR 1010 at Colorado.