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Exam IIA-CFSA topic 3 question 94 discussion

Actual exam question from IIA's IIA-CFSA
Question #: 94
Topic #: 3
[All IIA-CFSA Questions]

The federal open market committee (FOMC) board sets reserve requirements and shares the responsibility with the reserve banks for:

  • A. Interest rate policy
  • B. Premium policy
  • C. Discount rate policy
  • D. All of these
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Suggested Answer: C 🗳️

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