Which of the Following Is Not a Monetary Policy Tool

question 123

Multiple Choice

Which of the following is not a monetary policy tool of the Fed?

• A) changing the required reserve ratio
• B) changing the discount rate
• C) setting the price level and the market rate of interest
• D) conducting open market operations

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Definitions:

Corpus

In law, a term referring to the principal amount of a fund or estate; in linguistics, a collection of written texts used for language research.

Executor

An individual appointed in a will who is responsible for executing the deceased's estate according to the will's directives.

Testator

A person who has made a will or given a legacy.

Inadvertent Destruction

Unintentional damage or ruin of something, often resulting in loss or impairment.