Question 10 2 pts Commodity money is a good D that is designated as money by law. O used as money that also has value independent of its use as money. Q used as money that has no intrinsic value. O used as money that has no secondary use. Question 11 2 pts Which of the following was not an old tool of monetary policy discussed in this class? Q Setting the interest rate on discount loans Q Setting the interest rate on reverse repurchasing agreements O Purchasing Treasury securities through open market operations O Setting the required reserve ratio Question 12 2 pts If the Fed thinks there needs to be less economic actiyity clue to higher levels of ination, they can attempt to _____ interest rates to _____ the access to liquidity. O raise; speed up O lower: speed up D raise; slow down O lower: slow down