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

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Definitions:

Production and Marketing

Production and marketing jointly refer to the processes of creating products or services and then promoting and selling them to customers.

External Benchmarking

The process of comparing a company's performance metrics to those of industry peers or competitors outside the organization to identify best practices.

Employee Empowerment

Enlarging employee jobs so that the added responsibility and authority is moved to the lowest level possible.