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
Government Securities
Financial instruments issued by the government to finance its expenditures, offering a relatively safe investment.
Vault Cash
Paper currency and coins held by a bank in its vault and used to satisfy demands for withdrawals or to resolve deficits in reserve accounts.
Federal Securities
Financial instruments issued by the federal government, such as treasury bills and bonds, used to raise funds for governmental expenditures.
Common Stock
Common stock is a type of security that represents ownership in a corporation, with holders typically having voting rights and potential dividends.
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