Most of the time, the Fed conducts its monetary policy by buying/selling T-bills. In recent years, the Fed has used some

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Most Of The Time The Fed Conducts Its Monetary Policy By Buying Selling T Bills In Recent Years The Fed Has Used Some 1 (10.22 KiB) Viewed 34 times

Most of the time, the Fed conducts its monetary policy by buying/selling T-bills. In recent years, the Fed has used some unconventional tools, such as buying repurchase agreements. Explain why was the Fed "forced" to purchase repurchase agreements instead of just purchasing T-bills. (2 points) Edit Format Table