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drw92 drw92
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A year ago
Which of the following is a role played by the Fed in the U.S. economy?

▸ It acts as a direct source of funds for new businesses and startups.

▸ It determines the import duty on raw materials being imported into the country.

▸ It acts as a lender of last resort in case of bank runs.

▸ It makes political decisions during periods of recessions.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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wackocrazywackocrazy
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A year ago
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drw92 Author
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A year ago
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