Which of the Following Tools Is NOT a Policy Tool

question 546

Multiple Choice

Which of the following tools is NOT a policy tool of the Fed?

• A) last resort loans
• B) the tax rate on interest income
• C) the reserve ratio
• D) open market operations

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Definitions:

Intellectual Ability

The capacity to think abstractly, reason, understand complex ideas, learn quickly, and solve problems.

Intelligence Measures

Methods or tools used to assess an individual's cognitive capabilities and intellectual potential.

Language Development

The method through which young children learn to comprehend and express language in their early years.

Productive Language

Language individuals can produce for themselves.