Multiple Choice
Which of the following tools of monetary policy has not been used since 1992?
A) paying interest on excess reserves
B) the reserve ratio
C) open-market operations
D) the federal funds rate
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Before the financial crisis, if the Fed
Q18: According to the Taylor rule, if the
Q20: Before the financial crisis of 2008, expansionary
Q22: The price of a bond with no
Q24: The benchmark interest rate that banks use
Q25: The reserves of commercial banks are assets
Q26: The interest rate that banks use as
Q141: The discount rate is the rate of
Q181: If the Fed buys government securities from
Q183: Commercial bank reserves, most of which are