Multiple Choice
To stimulate the economy the Federal Reserve should:
A) reduce the reserve requirement, reduce the discount rate, and reduce open market purchases.
B) reduce the reserve requirement, reduce the discount rate, and increase open market purchases.
C) reduce the reserve requirement, increase the discount rate, and increase open market purchases.
D) increase the reserve requirement, increase the discount rate, and increase open market purchases.
Correct Answer:
Verified
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