The Fed Has Which of the Following as Its Strongest

question 97

Multiple Choice

The Fed has which of the following as its strongest control over the money supply?

• A)interest rate changes 
• B)the discount rate 
• C)open market operations 
• D)the required reserve rate

---

Definitions:

IRAC Method

The IRAC Method is an organizational framework used in legal analysis, standing for Issue, Rule, Application, and Conclusion, guiding the legal reasoning process.

Application

A formal request for something, such as a job, membership, or permission to do something.

U.S. Constitution

The supreme law of the United States, establishing the framework of government and the rights of the citizens.

Federal Legislation

Laws enacted by the national government's legislative body that apply to the entire country, superseding state laws in areas of federal jurisdiction.