Which of the Following Is an Unconventional Monetary Policy

question 15

Multiple Choice

Which of the following is an unconventional monetary policy?

• A)Lending to banks in unprecedented volume
• B)Lending to companies other than banks
• C)Reducing the federal funds rate to zero
• D)All of these are unconventional monetary policies.

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Definitions:

Per Capita Income

The average income earned per person in a given area in a specified year, often used to measure economic well-being.

Demand

The total quantity of a good or service that consumers are willing and able to purchase at a given price in a given time period.

Cable Television

A system of delivering television programming to paying subscribers via radio frequency signals transmitted through coaxial cables or digital light pulses through fiber-optic cables.

Per Capita Income

A measure of the average income earned per person in a certain area, such as a country or city, calculated by dividing the area's total income by its population.