What are the 3 main parts of the Federal Reserve System? When was the Federal Reserve Created? Why? Who sets monetary policy in the United States? What do the initials stand for? How many people are on this committee? How many times per year do they meet? How many people (and who are they) VOTE on our nation’s monetary policy? What is the purpose of the Reserve Banks? What is the FFR target? How do they hit the target? What is the discount window?
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