Describe the structure and responsibility for policy

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Answer question 1 and 2 at least in 150 words 

1. Describe the structure and responsibility for policy tools in The Federal Reserve System

2. Describe what criteria is applied when choosing a policy instrument.

Answer question 3, at least 100 words

3.How is credit risk related to the concepts of adverse selection and moral hazard?

Reference no: EM131166130

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