Which of the following is true of the Fed's credit policy?

Question

Quizplus · Accepted Answer

The Fed has implemented a credit policy since 1914 (A), but today more than 40 percent of the Fed's asset holdings are related to its conduct of monetary policy, not credit policy (B). The Fed's credit policy is extended to more than just U.S. financial institutions (C). The Fed's objective for its credit policy is to influence the availability and cost of credit, not necessarily to reduce the federal funds rate (D).

Which of the Following Is True of the Fed's Credit