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

Question

Quizplus · Accepted Answer

Tax rates are not one of the primary tools of the Fed. The primary tools of the Fed include reserve requirements, open market operations, and the discount rate. These tools are used by the Fed to influence the money supply and interest rates in the economy.

Which of the Following Items Is NOT One of the Primary