The goal of Federal Reserve monetary policy is to affect the level of competition in the U.S. banking system.

Name: The goal of Federal Reserve monetary policy is to affect the level of competition in the U.S. banking system.
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Question

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The major impact of Federal Reserve policies is that they affect the supply of money, thus exerting enormous influence over the economy. Changes in the money supply can influence the rate of inflation and the overall rate of economic growth.

The Goal of Federal Reserve Monetary Policy Is to Affect