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24 January, 16:33

Which statement is true?

People throughout history have used only currency notes for financial transactions.

The Reserve Banks determine tax rates.

Only the Federal Reserve can buy government securities.

The Federal Reserve affects monetary policy.

The Federal Reserve affects fiscal policy.

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Answers (1)
  1. 24 January, 17:58
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    The second last one ... The Federal Reserve affects monetary policy.
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