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19 September, 03:37

The Fed is concerned principally with the availability of money and credit for?

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  1. 19 September, 05:32
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    The Fed is concerned principally with the availability of money and credit for the entire economy.

    Explanation:

    The Federal Reserve System is the central bank of the United States. The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services. The Fed is concerned principally with the availability of money and credit for the entire economy. It does not issue Treasury securities. It does not have an obligation to meet the financial needs of the federal government. Its responsibility is to provide a stable monetary framework for the economy. The goals of monetary policy are to promote maximum employment, stable prices and moderate long-term interest rates. By implementing effective monetary policy, the Fed can maintain stable prices, thereby supporting conditions for long-term economic growth and maximum employment.
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