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

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Definitions:

Invention

The creation of a new product, process, or idea that did not exist previously.

Development

A process of improvement in the material conditions of people through diffusion of knowledge and technology.

Technological Advance

The process of improving or developing new methods, tools, or products to increase efficiency, productivity, or quality in various fields, especially economics and industry.

Government R&D

Research and development activities funded or conducted by the government to advance knowledge, innovation, and technology for public benefit.