Examlex
According to the text, each of the following is a function of engagement, except
Discount Rate
The interest rate charged by the Federal Reserve to depository institutions.
Federal Reserve
The Federal Reserve is the central bank of the United States, responsible for implementing the country's monetary policy, regulating banks, maintaining financial system stability, and providing financial services.
Monetary Growth
The increase in the money supply in an economy over time, which can influence inflation rates, interest rates, and economic growth.
Open Market Operations
The buying and selling of government securities by a central bank to control the money supply and interest rates.
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