The Fed Can Directly Control All of the Following EXCEPT

question 121

Multiple Choice

The Fed can directly control all of the following EXCEPT

• A) the discount rate.
• B) reserve requirements.
• C) long-term interest rates.
• D) the federal funds rate.

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Definitions:

Money Order

A money order is a payment order for a pre-specified amount of money, serving as a method of transferring or sending money safely where the use of checks or cash is not possible or advised.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money to a specified person or the bearer, under certain conditions.

Bookkeeping Practices

The systematic recording, organizing, and maintaining of financial transactions for a business or individual.

Toner Adhesion

The process by which toner powder in laser printers and copiers bonds to the paper, often involving heat and pressure to ensure the print is fixed and durable.