Yellen: Fed Has Legal Authority on IOR vs. Fed Funds Rate
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Business, Social Studies
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University
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Hard
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What legal authority does the speaker believe they have regarding interest on reserves?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What implications does the phrase 'exceed the general level of short term interest rates' have in the context of the discussion?
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