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Unformatted text preview: open market sales and raising reserve requirements 3. The Federal Reserve will engage in a repurchase agreement if it wants to _____ reserves _____ in the banking system. increase; temporarily decrease; permanently increase; permanently decrease; temporarily 4. The Fed's primary monetary policy tool is the discount rate. reserve requirements. the federal funds rate. open market operations. 5. Which of the following is not a goal of monetary policy? stable interest rates low interest rates price stability high employment...
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This note was uploaded on 09/07/2011 for the course FIN 353 taught by Professor Cobus during the Spring '08 term at S.F. State.
- Spring '08