Which item is NOT one of the primary tools of the Fed?
A) reserve requirements
B) open market operations
C) tax rates
D) discount rate

Name: Which item is NOT one of the primary tools of the Fed? A) reserve requirements B) open market operations C) tax rates D) discount rate
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Question

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Tax rates are not a primary tool of the Fed. The Fed primarily uses reserve requirements, open market operations, and the discount rate to influence the money supply and interest rates in the economy.

Which Item Is NOT One of the Primary Tools of the Fed