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In Figure 15.3,the Fed can use all of the following to decrease the equilibrium interest rate from 6 percent to 2 percent except
Operating Telephone System
The infrastructure and processes that support the functionality of telephones, enabling voice communication over distances.
Qualifications
The credentials, such as degrees or certifications, that prove someone's capability or skill in a specific area.
Request For Proposals (RFP)
A document issued by an organization asking for detailed proposals from vendors for the provision of goods or services.
Video Surveillance
The use of video cameras to monitor activities in a certain area for the purpose of safety, security, or observing behavior.
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