Question: What is the FOMC? What it do? How does it meld the two main components of the Fed? What are the main elements of the

  1. What is the FOMC? What it do? How does it meld the two main components of the Fed?
  2. What are the main elements of the government safety net for banking and finance? Do these safety nets stabilize or destabilze the system?
  3. Why might two bonds with the same maturity have different interest rates?
  4. What are the three main versions of the efficient market hypothesis?

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