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8 what is the federal open market operations

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Unformatted text preview: Fed’s tools for monetary policy? 7) What is the Fed Funds rate and how is it different from the Discount rate? 8) What is the Federal Open Market Operations Committee and how do they effect Monetary policy? 9) Explain how and why the money multiplier works. 10)If the Fed were in sell $100,000 in bond assuming a 10% reserve requirement, how much would the money supply change. Do yo...
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This note was uploaded on 07/05/2013 for the course ECO 202 taught by Professor Normmiller during the Spring '08 term at Miami University.

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