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16. When the economy is in a recession, the following tools are available to the government to revive the economy by managing the supply of

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16. When the economy is in a recession, the following tools are available to the government to revive the economy by managing the supply of money,* a) buy more bonds from commercial banks b) lower the federal funds rate and federal discount rate c) raise the reserve requirement+ d) A and B only e) A, B and C+ 17. The following policies are used by any government to manage its economy, a) monetary policy* b) quantitative easing policy c) fiscal policy+ d) A and C only e) A, B and C+

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