Which of the following is NOT a policy tool of the Federal Reserve?
A) reserve requirements
B) the discount rate
C) open market operations
D) fiscal policy

Question

Quizplus · Accepted Answer

Fiscal policy is not a policy tool of the Federal Reserve. Fiscal policy is implemented by the government through changes in government spending and taxation. The Federal Reserve focuses on monetary policy tools such as reserve requirements, the discount rate, and open market operations to affect the money supply and interest rates.

Which of the Following Is NOT a Policy Tool of the Federal