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    Principles of Money Banking
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    Exam 21: Monetary Policy Strategy
  5. Question
    The FOMC Directive Does Not Contain a Target
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The FOMC Directive Does Not Contain a Target

Question 28

Question 28

Multiple Choice

The FOMC directive does not contain a target


A) growth rate for M1.
B) growth rate for M2.
C) growth rate for M3.
D) federal funds interest rate.

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