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When financial markets and institutions are not efficient in matching savers and borrowers,
Q5: Vault cash is a(an)<br>A)liability of the Fed
Q12: From 1959 to 1989, M2 velocity<br>A)declined sharply.<br>B)increased
Q30: Which chair of the Fed advocated that
Q41: Under the Bretton Woods system, the value
Q43: In the long run, the key reason
Q50: The Federal Reserve district banks<br>A)do not engage
Q63: Many economists believe that changes in the
Q77: The main reason the Fed cannot control
Q89: If the Fed makes a discount loan
Q95: The Fed's difficulties in producing greater monetary