Which of the Following Has Never Been a Monetary Policy

question 26

Multiple Choice

Which of the following has never been a monetary policy tool of the Fed?

• A)open market operations
• B)the required reserve ratio
• C)the discount rate
• D)the term auction facility (TAF)program
• E)income tax rates

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Definitions:

Causes

Factors or events that bring about an effect or a change, grounding the reasoning in various contexts such as scientific, social, or economic.

Consequences

The results or outcomes that naturally follow from specific actions or decisions.

Environmental Quality

The condition of the natural environment and its ability to sustain life, maintain ecological processes, and support biodiversity.

Wealthy Countries

Wealthy countries are nations with a high level of income per capita, advanced infrastructure, and a strong standard of living.