One of the instruments available for controlling money supply is Open Market Operation (OMO). Explain briefly this instrument and how it works to control money in circulation!

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: The Federal Reserve System
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One of the instruments available for controlling money supply is Open Market Operation
(OMO). Explain briefly this instrument and how it works to control money in circulation!

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