Fannie Mae was created to support the financial markets by purchasing home mortgages and automobile loans from banks so that the proceeds could be lent to other borrowers.
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Q15: The Federal Reserve act required that all
Q16: A central bank is a Federal government
Q17: Open market operations involve the buying and
Q18: All commercial banks are members of the
Q19: The federal government has historically played a
Q21: Discount policy is still a major instrument
Q22: The money supply can be contracted by
Q23: The three primary means that the Fed
Q24: The Fed lending rate to depository institutions
Q25: When reserves are added to the banking
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