Quizzol

QUESTION:

The Fed's tools of monetary control are _______.

a. government expenditures, taxation, reserve requirements, and interest rates

b. coin, currency, demand deposits, and commodity money

c. fiat, commodity, and deposit money

d. the money supply, government purchases, and taxation

e. open-market operations, lending to banks, reserve requirements, and paying interest on reserves

ANSWER:

e. open-market operations, lending to banks, reserve requirements, and paying interest on reserves

Posted by Cleveland on September 9, 2024