Which of the following tools of monetary policy is used least often?
A) setting the required reserve ratio B) setting the discount rate
C) open market operations D) acting as a lender of last resort
A
Economics
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Refer to Figure 4-9. What is the area that represents producer surplus after the imposition of the price floor?
A) B + E + F B) A + B + E C) B + E D) B + C + D + E
Economics
In an open economy, an increase in government spending will cause
A) a reduction in domestic output. B) a reduction in imports. C) a reduction in net exports. D) all of the above E) none of the above
Economics