Federal Reserve policy tools include all of the following EXCEPT
A) excess reserve ratios.
B) required reserve ratios.
C) open market operations.
D) last resort loans.
Correct Answer:
Verified
Q254: Changing which of the following is a
Q255: The interest rate that the Fed charges
Q256: The discount rate is the interest rate
A)
Q257: The minimum percentage of deposits that a
Q258: Required reserves for a commercial bank
A) are
Q260: The fraction of deposits that banks must
Q261: The majority of money is created when
A)
Q262: An open market operation occurs when the
Q263: Excess reserves are
A) actual reserves minus desired
Q264: Bank managers lend the excess reserves created
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