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Basic Question 10 of 13
To hit the federal funds rate target, the Fed uses open market operations to ______
B. change the quantity of reserves demanded.
C. set the federal funds rate directly.
A. change the quantity of reserves supplied.
B. change the quantity of reserves demanded.
C. set the federal funds rate directly.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
describe tools used to implement monetary policy tools and the monetary transmission mechanism, and explain the relationships between monetary policy and economic growth, inflation, interest, and exchange rates
CFA® 2024 Level I Curriculum, Volume 1, Module 4.