The operating techniques of monetary policy include all of the following except:
A) open market operations.
B) changing the bank rate.
C) lowering taxes.
D) changing the reserve requirements.

Question

Quizplus · Accepted Answer

Lowering taxes is a fiscal policy tool used by the government to influence the economy, not a monetary policy technique. Monetary policy is conducted by the central bank and involves managing the money supply and interest rates.

The Operating Techniques of Monetary Policy Include All of the Following