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Reptor Reptor
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6 years ago
The original Federal Reserve Act
A) specified open market operations as the Fed's main policy tool.
B) specified open market operations as one of several Fed policy tools.
C) specified that open market operations be employed by the Fed only in circumstances where discount loans were ineffective.
D) did not specifically mention open market operations.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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pepebillypepebilly
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6 years ago
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6 years ago
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