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6. What is the discount rate? Describe how raising it affects the nation's money supply

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Answer:

Step-by-step explanation:

discount rate, the name given to the interest rate that the Federal Reserve sets ... How, increase money supply, decrease the money supply ... Impact on interest rates, decrease nominal interest rate, increase the ..... It might seem like a time-saver to skip steps when describing the chain of events involved in monetary policy, ...

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