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explain importance terms of money banking and the

Explain importance terms of Money, Banking, and the Federal Reserve System.

Importance terms of Money, Banking, and the Federal Reserve System:

a. The several roles money plays and the various forms this takes into the economy.

b. How the exploits of private banks and the Federal Reserve find out the money supply.

c. How the Federal Reserve utilizes open-market operations to modify the monetary base.

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