Which of the following tools is NOT a policy tool of the Fed?
A) last resort loans
B) the tax rate on interest income
C) the reserve ratio
D) open market operations
B
Economics
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Which of the following addresses agency costs?
a. spot checks of the quality of employee work b. hiring only from job fairs c. instituting longer work days d. reducing the number of holidays
Economics
A risk-free rate can be measured by
A) the rate of inflation. B) the rate on corporate bonds. C) the Federal Reserve's discount rate. D) a rate of a Treasury security.
Economics