Which of the following is NOT an instrument of the Fed for controlling money supply?
A) the excess reserve ratio
B) the required reserve ratio
C) changes in the discount rate (the primary credit rate)
D) open market operations
E) both A and D
Correct Answer:
Verified
Q3: The size of the money multiplier is
Q4: The assumption that banks hold less excess
Q5: If the currency-deposit ratio is 20%, the
Q6: The relationship between the stock of money
Q7: The size of the money multiplier
A)cannot be
Q9: Banks have an incentive to minimize their
Q10: Which of the following occurred in the
Q11: The formula for the money multiplier (mm)
Q12: If the currency-deposit ratio is 23% and
Q13: While the Fed can influence the money
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents