What is the newest money supply tool available to the Fed?
a. the reserve requirement ratio
b. the discount rate
c. the interest rate on reserves held at the Fed
d. open market operations
c. the interest rate on reserves held at the Fed
Economics
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Early Keynesians concluded that changes in monetary policy had no impact on aggregate output because early empirical studies found no linkage between movements in ________ and ________
A) nominal interest rates; investment spending B) real interest rates; investment spending C) money supply; aggregate output D) investment spending; aggregate output
Economics
A person who can produce more of a good than another person is said to possess a comparative advantage
a. True b. False
Economics