Which of the Following Is Not a Tool of Monetary

question 17

Multiple Choice

Which of the following is not a tool of monetary policy?

• A) open-market operations
• B) changes in banking laws
• C) changes in the rate of interest paid on reserves held at Federal Reserve Banks
• D) Fed lending or borrowing with repos or reverse repos

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Definitions:

Serial Wardrobers

Individuals who frequently buy new clothing items, only to wear them a few times before replacing them with newer purchases.

Consumerism

The societal trend in which the buying and consumption of goods and services is considered a social and economic necessity.

Survey Research

A research method involving the collection of information from a sample of individuals through their responses to questions, used widely in social science, marketing, and public opinion research.

Self-Report

A method of data collection whereby participants provide information about themselves, often used in surveys and questionnaires.