__________________ become the most important and effective means of monetary and credit control.
A) Changing reserve requirements has
B) Changing the discount rate has
C) Open market operations has
D) Changing the Treasury bill rate has

Question

Quizplus · Accepted Answer

Open market operations involve buying or selling government securities to control the money supply and interest rates. They are widely considered to be the most important and effective means of monetary and credit control because they can be implemented quickly and can influence a wide range of economic factors. Changing reserve requirements and the discount rate are also important tools used by central banks, but they are generally considered to be less flexible and more targeted than open market operations. Changing the Treasury bill rate is not typically used as a tool of monetary and credit control.

__________________ Become the Most Important and Effective Means of Monetary