The Three Primary Means That the Fed Can Use to Exercise

question 9

True/False

The three primary means that the Fed can use to exercise monetary policy includes closed market operations, stabilizing reserve requirements, and freeing the Federal discount rate.

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Definitions:

Nonmaleficence

A principle in ethics that requires avoiding actions that cause harm or injury to others, key in medical and healthcare ethics.

Justice

A moral principle regarding fairness and the equitable treatment of all individuals.

Fidelity

The degree to which a device, system, or service accurately reproduces or represents a given condition or datum without distortion or error.

Responsibility

The obligation or duty to properly act or take care of something or someone.