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Home Q & A Board Other Fields Homework Help Business Economics
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valputin valputin
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8 years ago
The most important advantage of discount policy is that the Fed can use it to
A) perform its role as lender of last resort.
B) punish banks that have deficient reserves.
C) control the money supply.
D) precisely control the monetary base.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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