Which of the following is one of the​ Fed's policy​ tools? One of the​ Fed's policy tools is​ _______.     A. the discount​ rate, which is the interest rate at which the Fed stands ready to lend reserves to commercial banks   B. the required reserve​ ratio, which equals 3 percent on checkable deposits and 10 percent on savings deposits   C. the open market​ operations, which are purchase of government securities from the government   D. the monetary​ base, which is the sum of coins and Federal Reserve notes

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: The Monetary System
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Which of the following is one of the​ Fed's policy​ tools?
One of the​ Fed's policy tools is​ _______.
 
 
A.
the discount​ rate, which is the interest rate at which the Fed stands ready to lend reserves to commercial banks
 
B.
the required reserve​ ratio, which equals 3 percent on checkable deposits and 10 percent on savings deposits
 
C.
the open market​ operations, which are purchase of government securities from the government
 
D.
the monetary​ base, which is the sum of coins and Federal Reserve notes
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