In 2008 the Fed added a new monetary tool. What is that tool?
A) The discount rate required for banks to borrow money
B) Open market operations meant to change the supply of money
C) The fed funds rate for overnight funds
D) Interest payments to banks on their bank reserves
Correct Answer:
Verified
Q77: The monetary base includes:
A)currency and coin in
Q78: The central bank in the United States
Q79: The reserve requirement is the:
A)maximum ratio of
Q80: Federal Reserve sales of government securities:
A)increase bank
Q81: A liquid trap can be avoided if
Q83: If the Fed decreases the reserve requirement,
Q84: Which of the following is an example
Q85: The liquidity trap is often compared to:
A)pushing
Q86: When the Fed increases the reserve requirement,
Q87: Suppose the reserve requirement is 20 percent
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