Which One of the Following Is a Tool of Monetary

question 18

Multiple Choice

Which one of the following is a tool of monetary policy often used by the Fed for altering the reserves of commercial banks?

• A) issuing currency
• B) check collection
• C) open-market operations
• D) the required reserve ratio

---

Definitions:

Common Bile Duct

A duct that carries bile from the liver and gallbladder to the duodenum, aiding in digestion.

Gallbladder

The gallbladder is a small, pear-shaped organ located beneath the liver, storing and concentrating bile, a digestive fluid produced by the liver.

Participative Management

An approach to management where employees at all levels are encouraged to contribute ideas towards identifying and solving problems.

Global Communications

The exchange of information across international boundaries, facilitated by technologies that connect people and organizations worldwide.