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What New Policy Tools for Controlling Reserve Balances Did the Fed

question 20

Essay

What new policy tools for controlling reserve balances did the Fed introduce during the Financial Crisis of 2007-2009?


Definitions:

Johari Window

A psychological tool used to help people better understand their interpersonal communication and relationships, by dividing personal awareness into four different areas.

Self-description

The act of describing oneself, often focusing on characteristics, qualities, or achievements.

Self-disclosure

The act of sharing personal, private information about oneself to others.

Reciprocity

A mutual exchange of privileges or interactions, where an action by one party leads to a return action by another party.

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