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Which of the Following Policies Is the Government Most Inclined

question 530

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Which of the following policies is the government most inclined to use when faced with a positive externality?


Definitions:

New York Federal Reserve Bank

A regional bank part of the Federal Reserve System, playing a key role in monitoring and executing monetary policy in the United States.

Discount Rate

The rate of interest the Fed charges to loan money to any banking institution to meet reserve requirements.

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