Which of the following is NOT one of the Fed's monetary policy tools? A)changing the discount rate B)changing the required reserve ratio C)conducting open market sales of government securities D)changing the coupon rate E)conducting open market purchases of government securities

Question

Quizplus · Accepted Answer

The Fed does not change the coupon rate as a monetary policy tool. The coupon rate is determined at the time of issuance of a bond and is not altered by the Fed. The other options are standard tools used by the Fed to influence monetary policy.

Which of the Following Is NOT One of the Fed's