In the federal funds market what financial asset is traded


1. What are the Fed's three traditional monetary policy tools? Briefly describe each of the three. Which is the most important?

2. What two new policy tools were available to the Fed in 2010?

3. In the federal funds market, what financial asset is traded? What is the federal funds rate, and how does it differ from the discount rate?

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Finance Basics: In the federal funds market what financial asset is traded
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