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7 March, 08:58

Which statement is true?

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

B) The Reserve Banks determine tax rates.

C) Only the Federal Reserve can buy government securities.

D) The Federal Reserve affects monetary policy.

E) The Federal Reserve affects fiscal policy.

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Answers (1)
  1. 7 March, 11:00
    0
    I want to say D but I'm not completely sure. How ever, I did google them and want to say it is most likely D) The Federal Reserve affects monetary policy.
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