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() A discount loan by the Fed leads to an expansion of reserves, which can be lent out, thereby leading to an expansion of liquidity in the banking system. (II) Open market purchases by the Fed increase the supply of nonborrowed reserves. Seleccione una: (1) Falso; (II) Falso (1) Cierto; (II) Cierto (1) Cierto; (II) Falso (1) Falso; (II) Cierto PREGUNTA: Write down the name of the concept that identifies the ability of the central bank to set the goals of the monetary policy. INSTRUCCIONES: Puede escribir su contestacin en espaol o ingls. Respuesta: () A discount loan by the Fed leads to an expansion of reserves, which can be lent out, thereby leading to an expansion of liquidity in the banking system. (II) Open market purchases by the Fed increase the supply of nonborrowed reserves. Seleccione una: (1) Falso; (II) Falso (1) Cierto; (II) Cierto (1) Cierto; (II) Falso (1) Falso; (II) Cierto PREGUNTA: Write down the name of the concept that identifies the ability of the central bank to set the goals of the monetary policy. INSTRUCCIONES: Puede escribir su contestacin en espaol o ingls. Respuesta