Which of the following is NOT one of the three major policy tools the Fed has for controlling growth in the supply of money and credit?
A)reserve requirements
B)check clearing
C)discount rate
D)open market operations

Question

Quizplus · Accepted Answer

Check clearing is not a policy tool used by the Fed to control the growth of money and credit. The three major policy tools that the Fed uses are reserve requirements, discount rate, and open market operations.

Which of the Following Is NOT One of the Three