Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 31, Problem 3SPA

(a)

To determine

Explain the Fed’s control over the quantity of money in terms of the Federal Reserve Act of 2000.

(b)

To determine

Identify how the massive changes in monetary base resulting from QE and QT reconciled with the Federal Reserve Act of 2000.

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