Which of the Following Is the Most Frequently Used Tool

question 68

Multiple Choice

Which of the following is the most frequently used tool of monetary policy?

• A)changing the discount rate 
• B)changing reserve requirements 
• C)open market operations 
• D)interest rate changes

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Definitions:

Random Variable

A variable whose values are outcomes of a random phenomenon, typically quantifying aspects of occurrences that are subject to random variations.

Exchange Rate

The value of one currency for the purpose of converting it into another currency.

Verb

A word used to describe an action, state, or occurrence, and forming the main part of the predicate of a sentence.

Essay

A short piece of writing on a particular subject, often expressing the author's personal viewpoint.