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    Foundations of Macroeconomics Study Set 2
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    Exam 11: The Monetary System
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    Which of the Following Are Policy Tools Used by the Federal
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Which of the Following Are Policy Tools Used by the Federal

Question 15

Question 15

Multiple Choice

Which of the following are policy tools used by the Federal Reserve?
I. the federal personal income tax
Ii. open market operations
Iii. changing the required reserve ratio


A) ii only
B) ii and iii
C) i, ii, and iii
D) iii only
E) i only

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