The Feds monetary policy instrument is the ________. A. Inflation rate B. Federal funds rate C. Long-term

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The Fed’s monetary policy instrument is the ________. 

A. Inflation rate 

B. Federal funds rate 

C. Long-term interest rate 

D. Monetary base

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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