Once a ________ Is Chosen, the Main Tool the Federal

question 14

Multiple Choice

Once a ________ is chosen, the main tool the Federal Reserve uses to change the money supply is ________.

• A) federal funds rate; open-market operations
• B) federal funds rate; changing the discount rate
• C) tax rate; changing the exchange rate
• D) number of dollars in circulation; changing the reserve rate
• E) discount rate; borrowing money from the federal government

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Definitions:

Election of 1876

A highly contested U.S. presidential election that led to the Compromise of 1877, effectively ending Reconstruction and withdrawing federal troops from the South.

Rutherford Hayes

The 19th President of the United States (1877–1881), known for his efforts to reconcile the divisions left over from the Civil War and Reconstruction.

Reconstruction Policies

Refers to the strategies and laws implemented in the United States, particularly in the South, following the Civil War, aimed at reintegrating Confederate states and addressing the rights of freed slaves.

Enforcement Acts

The Enforcement Acts were a series of laws passed by Congress in the early 1870s to protect African Americans' rights and to combat the activities of the Ku Klux Klan and similar groups in the Reconstruction South.