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Determine if these statements are true or false.
a. The Federal Reserve chooses how much banks lend.
b. The Federal Reserve serves as a lender of last resort.
c. The Federal Reserve loans money to banks.
d. The Federal Reserve sets a target for the federal funds rate.
e. The federal funds rate matters only to banks.
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Answers: 2
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Determine if these statements are true or false.
a. The Federal Reserve chooses how much banks lend...
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