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Question
Which of the following statements is most correct?A. The FOMC is more successful at keeping the market rate closer to the target rate than the ECB.
B. The FOMC is more successful than the ECB at keeping the market rate within a 100 basis point band of the target rate.
C. The ECB has kept the market rate within a 100 basis point band of the target rate; the FOMC cannot make this claim.
D. The ECB seldom has the market rate within 100 basis points of the target rate.
Answer
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