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Currently, the Fed does not have complete control of the money supply because the Congress and the Treasury can also make changes to the money supply. government bonds may not be available for purchase when the Fed wants to perform OMO. the Fed does not know where all the U.S. currency is located. the amount of money in the real economy depends on the behavior of depositors and bankers. All of the above are correct.

Currently, the Fed does not have complete control of the money supply because the Congress and the Treasury can also make changes to the money supply. government bonds may not be available for purchase when the Fed wants to perform OMO. the Fed does not know where all the U.S. currency is located. the amount of money in the real economy depends on the behavior of depositors and bankers. All of the above are correct.

MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter14: Money And The Federal Reserve System
Section: Chapter Questions
Problem 11SQ
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Currently, the Fed does not have complete control of the money supply because

  1. the Congress and the Treasury can also make changes to the money supply.
  2. government bonds may not be available for purchase when the Fed wants to perform OMO.
  3. the Fed does not know where all the U.S. currency is located.
  4. the amount of money in the real economy depends on the behavior of depositors and bankers.
  5. All of the above are correct.
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