The tools of monetary policy are
A) government spending, tax rates, and the required reserve ratio.
B) open market operations, differential between the discount rate and the federal funds rate, and the required reserve ratio.
C) open market operations, differential between the discount rate and the federal funds rate, and tax rates.
D) open market operations, government spending, and the required reserve ratio.
B
Economics
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a. True b. False Indicate whether the statement is true or false
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The tendency of people to overestimate the value of their possessions when, say, considering such value for insurance purposes is known in prospect theory as the:
A. Anchoring effect B. Endowment effect C. Status quo bias D. Confirmation bias
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