Solved

As Part of Its Zero Interest Rate Policy (ZIRP),the Federal

Question 146

Multiple Choice

As part of its zero interest rate policy (ZIRP) ,the Federal Reserve:


A) cut the reserve ratio to zero percent on all checkable and saving deposit accounts.
B) lowered the discount rate to zero to 0.25 percent.
C) lowered the interest rate paid on reserves held at the Fed to zero percent.
D) used open-market operations to keep the federal funds rate between zero and 0.25 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents