Business, 18.12.2019 03:31, linnybear300

Suppose on any given day the prevailing equilibrium federal funds rate is below the federal reserve's federal funds target rate. if the federal reserve wishes for the federal funds rate to be at their target level, then the appropriate action for the federal reserve to take is a open market everything else held constant.

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Suppose on any given day the prevailing equilibrium federal funds rate is below the federal reserve'...