this question pertains to the tools of monetary policy
why does the Fed use open market operations as its principal tool of monetary management, rather than changes in the required reserve ratios, or changes in the discount rate? (Hint: think about the mater of'' announcement effects'')

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this question pertains to the tools of monetary policy
why does the Fed use open market operations as its principal tool of monetary management, rather than changes in the required reserve ratios, or changes in the discount rate? (Hint: think about the mater of'' announcement effects'')

this question pertains to the tools of monetary policy

why does the Fed use open market operations as its principal tool of monetary management, rather than changes in the required reserve ratios, or changes in the discount rate? (Hint: think about the mater of'' announcement effects'')

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this question pertains to the tools of monetary policy why does the Fed use open market operations as its principal tool of monetary management, rather than changes in the required reserve ratios, or changes in the discount rate? (Hint: think about the mater of'' announcement effects'')