In recent years, the Federal Reserve has mainly used _____ as its short-term policy instrument.the 30-year mortgage ratethe money supplythe federal funds rateM1
Question
In recent years, the Federal Reserve has mainly used _____ as its short-term policy instrument.the 30-year mortgage ratethe money supplythe federal funds rateM1
Solution
The Federal Reserve has mainly used the federal funds rate as its short-term policy instrument.
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