A newest tool of monetary policy used by the Federal Reserve is a) Open Market Operations b) Change in Reserve requirement c) Change in Discount rate d) Change in the interest rate paid on bank deposits held at the Federal Reserve
A newest tool of monetary policy used by the Federal Reserve is a) Open Market Operations b) Change in Reserve requirement c) Change in Discount rate d) Change in the interest rate paid on bank deposits held at the Federal Reserve
Chapter19: Money Creation
Section: Chapter Questions
Problem 13SQ
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Question
A newest tool of monetary policy used by the Federal Reserve is
a) Open Market Operations
b) Change in Reserve requirement
c) Change in Discount rate
d) Change in the interest rate paid on bank deposits held at the Federal Reserve
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