Which Fed policy would be part of a restrictive monetary policy?
A) Raising tax rates.
B) Lowering the discount rate.
C) Selling government bonds.
D) Reducing the required reserve ratio.
E) None of the above.
C
Economics
You might also like to view...
Large banks in the United States:
A. may not keep more than 10% of deposits in reserve. B. are required to keep between 10% and 90% of deposits in reserve. C. are not required to keep any deposits in reserve. D. must keep at least 10% of deposits in reserve.
Economics
If the president of Chile commented that "the crime rate in Chile is currently too high," this would be an example of a normative statement
a. True b. False
Economics