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The three basic tools the Fed uses to manage the money supply are reserve requirements, open-market operations, and the discount rate.
Value Statement
A declaration that communicates an organization's core principles and ethical commitments to its stakeholders.
Honesty
The quality of being truthful, transparent, and free from deceit or fraud.
Strategic
Pertaining to the identification of long-term or overall aims and interests and the means of achieving them, often within a competitive context.
Improving Society
Involves actions and initiatives aimed at enhancing the well-being, quality of life, and equitable opportunities for all members of a community or nation.
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Q325: The Fed requires that banks hold a