Which of the Following Is NOT One of the Fed's

question 229

Multiple Choice

Which of the following is NOT one of the Fed's monetary policy tools?

• A) last resort loans
• B) the required reserve ratio
• C) the income tax rate
• D) buying and selling U.S. government securities

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Definitions:

Price Elasticity Coefficient

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating sensitivity to price changes.

Farm Products

Goods that are produced by farming activities, such as crops, livestock, and other agricultural commodities.

Agricultural Products

Goods derived from farming and agriculture, including crops, livestock, and other raw materials.

Demand Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating consumers' sensitivity to price changes.