Which of the following is FALSE regarding the Fed? One of the Fed's goals is...
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Finance
Which of the following is FALSE regarding the Fed? One of the Fed's goals is to have zero inflation. If the Fed wants to implement an expansionary monetary policy, it will buy Treasury securities from the major banks to lower the fed funds rate. One of the responsibilities of the Federal Reserve Banks is to act as a central clearing system for US banks. A problem in conducting monetary policy is that a significant time lag exists between the implementation of the policy and its effect. One of the Fed's goals is full employment
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