Which of the following is NOT one of the Fedʹs monetary policy tools?
A) last resort loans
B) buying and selling U.S. government securities
C) the income tax rate
D) the required reserve ratio

Question

Quizplus · Accepted Answer

The income tax rate is not controlled by the Federal Reserve and therefore is not one of their monetary policy tools. Choices A, B, and D are all tools used by the Fed to influence the money supply and interest rates.

Which of the Following Is NOT One of the Fedʹs