d and s fed reserve bl 2
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7 terms
Terms | Definitions |
|---|---|
 loose money policy | how much money is available at low interest rates |
| monetary policy | the action of a central bank that determines size and rate of growth of money~determines interest rate |
| open market operations | buying and selling government securities to increase or decrease the amount of money in banks |
| reserve requirement | the amounts of funds that depository institutions must hold in reserve against deposits |
| the fed | central banking system |
| federal open market committee (fomc) | ... |
| tight money policy | a course of action undertaken by the federal reserves to control $ in economy growing too fast or curb interest rates if rising too fast |
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