How does conventional monetary policy work?
A. Fed selects target rate, uses OMO to change supply of reserves, and changes money supply to move to target
B. changes supply of bank reserves through OMO, changes price of reserves, Fed Funds rate changes other interest rates
C. changes money supply through OMO, changes Fed Funds rate
D. all of the above
Ans: D. all of the above
Economics
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Which of the two individuals has a greater incentive to look for work when unemployed?
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A) +25 B) -100 C) +100 D) -25
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