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1 August, 16:54

Match each type of money to the corresponding definition.

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  1. 1 August, 17:05
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    The purchase or sale of bonds by the central bank

    Correct label: Open market operations

    The number of deposits a bank must hold in reserve and cannot lend

    Correct label: The reserve requirement

    Money lent by the Fed to private banks

    Correct label: Discount loans

    Rate of interest paid by private banks to the Fed

    Correct label: A discount rate
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