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The Federal Reserve's Major Tools to Control the Money Supply

Question 107

Multiple Choice

The Federal Reserve's major tools to control the money supply are I. open market operations. II. discount rate lending and the term auction facility. III. required reserve ratio and payment of interest on reserves. IV. federal funds lending.


A) I and II only
B) III and IV only
C) I, II, and III only
D) I, II, III, and IV

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