Examlex
Select the classification for the following reaction: Fe(s) + 2Fe3+(aq) 3Fe2+(aq)
Fed Funds Rate
The interest rate at which depository institutions lend reserve balances to other depository institutions overnight, a vital monetary policy tool used by the Federal Reserve.
Discount Rate
The rate at which the central bank lends money to commercial banks and other financial institutions through its discount window.
Open Market Operations
Open Market Operations involve the buying and selling of government securities by a central bank to control the money supply and interest rates in the economy.
Tight Monetary Policy
A central bank strategy aiming to slow economic growth by increasing interest rates and reducing the quantity of money in circulation.
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