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List and Discuss the Three Tools Available to the Federal

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Essay

List and discuss the three tools available to the Federal Reserve System.


Definitions:

Conditioned Response

A learned reaction to a specific stimulus as a result of consistent pairing with another stimulus.

Systematic Desensitization

A behavioral therapy technique used to reduce anxiety or fear through gradual exposure to the feared object or situation paired with relaxation exercises.

Relaxation Training

Techniques designed to teach individuals how to reduce stress and tension in the body, promoting a state of calm.

Feared Objects

Items or entities that invoke a strong irrational fear or phobia in individuals.

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