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Which of the following is a transmission mechanism?
Federal Reserve
The central banking system of the United States, responsible for implementing the country's monetary policy and regulating the banking industry.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including cash, deposits, and other liquid assets.
Monetarist Approach
An economic theory emphasizing the role of governments in controlling the amount of money in circulation as a primary method in managing the economy and combating inflation.
Money Supply
The total amount of monetary assets available in an economy at a specific time, including currency and balances held in checking and savings accounts.
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