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When teachers obtain a position at a new school,they can assume the following about the principals:
Federal Open Market Committee
A branch of the Federal Reserve that oversees open market operations, including the buying and selling of government securities, to influence the money supply and interest rates.
Open Market Operations
The buying and selling of government securities by a central bank to control the money supply and interest rates in the economy.
Federal Reserve
The central banking system of the United States, responsible for conducting national monetary policy and overseeing financial institutions.
Excess Reserves
The difference between actual reserves and required reserves.
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