Which of the following is NOT a tool of monetary policy?
A)open-market operations
B)reserve requirements
C)changing the bank rate
D)increasing the deficit

Question

Quizplus · Accepted Answer

Increasing the deficit is not a tool of monetary policy. It is a fiscal policy tool involving government spending and taxation. The other options, open-market operations, reserve requirements, and changing the bank rate, are all tools used by central banks to influence the supply and cost of money in the economy.

Which of the Following Is NOT a Tool of Monetary