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The Federal Open Market Committee promotes price stability and economic growth through

Bethany Evans

in Business

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1 answer

Daniel King on January 2, 2018

I think the answer is: the management of the money supplyThe Federal Open Market Committee is established in order to control the rate of inflation that exists in the country.As the money circulates in the market increases, the rate of inflation also tend to be higher. Because of this, the management of the money supply to control the amount of money in circulation is necessary to maintain the stability of prices and economic growth.

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