Multiple Choice
The new monetary policy tool that the Fed began using in 2008 is
A) changing the interest rate paid on reserves.
B) imposing a surcharge on credit cards.
C) putting a tax on all financial transactions.
D) borrowing from China.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q95: Banks hold some deposits on reserve at
Q96: Zero lower bound refers to the fact
Q97: In the financial crisis in 2008,the Federal
Q98: If the money multiplier is 10,the purchase
Q99: Describe the strategy of inflation targeting.Why have
Q101: In response to an unanticipated easing of
Q102: Assume that the currency-deposit ratio is 0.5.The
Q103: In the Keynesian model,suppose the Fed sets
Q104: Which of the following is not a
Q105: The primary criticism by Keynesians of the