Examlex
Which of the following is (are) a tool(s) of monetary policy used by the Federal Reserve?
I. open market operations
II. government purchases of goods and services
Property Taxes
Taxes paid by property owners based on the assessed value of their property, commonly used to fund local public services and infrastructure.
Quota
A specific limit or target for production, sales, or other measurable factors, often set by governments or organizations.
Licensing Suppliers
The process by which a business grants other businesses permission to manufacture its product or provide its service in exchange for a fee or royalty.
Price Floor
A government-imposed minimum price that can be charged for a commodity, above what would be set by market forces, to ensure that producers receive a minimum income.
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