1. The Fed achieves the desired effect on the federal funds rate by setting the...

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Finance

1. The Fed achieves the desired effect on the federal funds rate by setting the discount rate.

true or false

2. the two mandates of the federal reserves monetary policy responsibility are full employment and price stability.

true or false

3. when interest rates increase, bonds prices decline.

true or false

4. in most cases, interest accrued daily on coupon bonds but pays semiannually.

true or false

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