Which of the following is not one of the unconventional monetary policy tools used by the Fed?
A)Precommitment strategy
B)Quantitative easing
C)Operation twist
D)Dodd-Frank Act

Question

Quizplus · Accepted Answer

The Dodd-Frank Act is a piece of legislation aimed at financial regulation and reform, not an unconventional monetary policy tool. The other options (Precommitment strategy, Quantitative easing, and Operation twist) are indeed unconventional monetary policy tools used by the Federal Reserve.

Which of the Following Is Not One of the Unconventional