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22) According to the Instructor's Chapter Comments, the authors of the textbook are incorrect about the Fed's conventional tools of monetary policy. According to the

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22) According to the Instructor's Chapter Comments, the authors of the textbook are incorrect about the Fed's conventional tools of monetary policy. According to the instructor, which of th following should not be included as a tool of monetary policy? o open-market operations reserve requirements the target federal funds rate discount policy (the combination of the discount rate and the deposit rate) 23) The range within which the federal funds rate can fluctuate is determined by a ceiling of the and a floor of the discount rate...deposit rate deposit rate... target federal funds rate discount rate... target federal funds rate target federal funds rate... deposit rate deposit rate... discount rate

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