Which of the Following Tools of Monetary Policy Is Flexible

question 120

Multiple Choice

Which of the following tools of monetary policy is flexible and able to affect bank reserves quickly and by relatively specific amounts?

• A)the discount rate
• B)the reserve ratio
• C)open-market operations
• D)the federal funds rate

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Definitions:

Internal Locus Of Control

The belief that one has control over their own life and the outcomes of their actions, as opposed to external forces having that control.

Individuals

Separate and distinct persons as considered in their singular form, each with their own characteristics, responsibilities, and roles within a society or organization.

Self-efficacy

An individual's belief in their own ability to succeed in specific situations or accomplish a task.

High Self-efficacy

A person's belief in their own ability to succeed in specific situations or accomplish a task.