Which of the Following Is the Most Frequently Used Tool

question 31

Multiple Choice

Which of the following is the most frequently used tool the Fed uses to control the supply of money?

• A) the discount rate
• B) the reserve requirements
• C) open market operations
• D) the 30-year home-mortgage interest rate

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Definitions:

Lease Contracts

Legal agreements in which one party (the lessee) pays the other (the lessor) for the use of an asset for a specified period of time.

Damage

Harm or injury to property or persons, which may be the basis for legal action to recover compensation.

Vehicle Identification Numbers (VINs)

A unique code used to identify individual motor vehicles, consisting of 17 characters.

UCC

Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.