Dads/Take-Home%20Final.pdf 5 / 51 90% + I OD Topic 13; Monetary Policy 1. Briefly describe the 6 main monetary policy goals of the Federal Reserve. 2. Briefly describe the 3 traditional monetary policy tools of the Federal Reserve. 3. What is the main difference between the federal funds rate and the discount rate? 4. In a graphical analysis of supply and demand, show the effect on the equilibrium interest rate of an open market purchase and an open market sale of a security. Dads/Take-Home%20Final.pdf 5 / 51 90% + I OD Topic 13; Monetary Policy 1. Briefly describe the 6 main monetary policy goals of the Federal Reserve. 2. Briefly describe the 3 traditional monetary policy tools of the Federal Reserve. 3. What is the main difference between the federal funds rate and the discount rate? 4. In a graphical analysis of supply and demand, show the effect on the equilibrium interest rate of an open market purchase and an open market sale of a security