In what way does the federal reserve have a high degree of
In what way does the Federal Reserve have a high degree of instrument independence? If it has a specific dual mandate from Congress to achieve "maximum employment and low, stable prices", then how does it have goal independence?
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assume that the required reserve ratio is 10 percent if the public withdraws 100 million from their checking accounts
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in what way does the federal reserve have a high degree of instrument independence if it has a specific dual mandate
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