The Three Principal Tools of the Federal Reserve System Are

question 75

Multiple Choice

The three principal tools of the Federal Reserve System are:

• A)discount rate, prime rate, and open market operations
• B)tax rate, margin requirements, and discount rate
• C)open market operations, discount rate, and tax rate
• D)reserve requirements, consumer rate, and prime rate
• E)reserve requirements, discount rate, and open market operations

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Definitions:

Categorized

The act of classifying or grouping items, people, or phenomena based on shared characteristics or attributes.

White

Referring to people with origins in any of the original peoples of Europe, the Middle East, or North Africa, often used in the context of racial classification.

Global Capitalism

A system where economic decisions and production are made in a global context, with businesses operating across national borders.

Invention

The creation of a new device, method, or process resulting from study and experimentation.