The Fed's Policy Tools Include

question 349

Multiple Choice

The Fed's policy tools include

• A)required reserve ratios,the discount rate,open market operations,and extraordinary crisis measures.
• B)holding deposits for the U.S.government,reserve requirements,and the discount rate.
• C)setting regulations for lending standards and extraordinary crisis measures.
• D)supervision of the banking system and buying and selling commercial banks.
• E)required reserve ratios,income tax rates,and open market operations.

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Definitions:

Offeree Dies

The cessation of an offer in contract law due to the death of the offeree, rendering the offer void.

Personal Representative

An individual legally authorized to manage the affairs of a deceased person's estate.

Accept an Offer

To agree to the terms of a proposal, thereby creating a binding contractual relationship.

Functional Level

Pertains to the specific tasks and processes within an organization that contribute to its overall objectives, often within specialized departments such as marketing or finance.