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Q1 when you were a child living at home your parents or

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Q1. When you were a child living at home, your parents or guardians paid for the food, utilities, and clothes that you use. (a) How did this "third-party-payer system" affect your behavior? (b) How did your parents or guardians try to limit these effects?

Q2. What is the most important function of the Federal Reserve System? Explain your answer. Can you detect any difficulties that the Federal Reserve System might encounter in implementing monetary policy?

Reference no: EM13353764

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