Which of the following is an unconventional monetary policy?
A)Lending to banks in unprecedented volume
B)Lending to companies other than banks
C)Reducing the federal funds rate to zero
D)All of these are unconventional monetary policies.

Question

Quizplus · Accepted Answer

Unconventional monetary policies refer to measures taken by central banks, which go beyond the standard tools of lowering interest rates or buying and selling government bonds. All of the given options - lending to banks in unprecedented volume, lending to companies other than banks, and reducing the federal funds rate to zero - are unconventional monetary policies.

Which of the Following Is an Unconventional Monetary Policy