Under the normal conduct of monetary policy, the FED Focuses primarily on the quantity of money and allows interest rates to adjust to support the quantity of money. Focuses primarily on the FED funds rate and adjusts the monetary base. Is unconcerned with the rate of inflation. Picks a precise target for money supply growth. solutionspile.com

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Under the normal conduct of monetary policy, the FED  Focuses primarily on the quantity of money and allows interest rates to adjust to support the quantity of money.  Focuses primarily on the FED funds rate and adjusts the monetary base.  Is unconcerned with the rate of inflation.  Picks a precise target for money supply growth.  solutionspile.com

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