Examlex
Which of the following is (are) a tool(s) of monetary policy used by the Federal Reserve?
I. tax rates
II. government purchases of goods and services
Spendthrift Trust
A trust designed to prevent beneficiaries from squandering their inheritance by controlling the distribution of assets.
Beneficiary Interest
Refers to the rights or advantages accruing to a beneficiary, generally in the context of trusts or estates.
Voluntary Transfer
The act of giving or transferring ownership of property or a title willingly from one party to another without coercion.
Permanent Home
A place where an individual resides and intends to return, usually considered their lawful or official residence.
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