The primary tool utilized by the Federal Reserve today in conducting monetary policy is

a. the discount rate.
b. reserve requirements.
c. open market operations.
d. selective credit controls.

C

Economics

You might also like to view...

If real GDP grows by 3 percent, the velocity of circulation grows by 4 percent, and the quantity of money grows by 3 percent, then in the long run the inflation rate is

A) 0 percent. B) 7 percent. C) 10 percent. D) 4 percent. E) -4 percent.

Economics

The EEOC has strong enforcement powers

Indicate whether the statement is true or false

Economics