Question 37 Which of the following serves as the Fed's monetary policy tools is considered to be powerful, but imprec Not yet answered Points out of 10 Remove flag Select one: a. Setting the discount rate b. Setting the fed funds rate c. Setting the required reserve ratio d. Setting the monetary aggregates Question 38 Which of the following serves as the Federal Reserve's operating monetary policy target? Not yet answered Points out of 10 Remove flag Select one: a. The fed funds rate b. The discount rate of lending Oc Ultimate policy goals d. Market interest rates Question 39 Not yet answered The fed funds rate of lending: L. Fluctuates within a range set by the FOMC II. Changes to a new rate every 8 weeks III. Is set directly by the U.S. Treasury Points out of 10 Remove flag Select one: a. I only b. I and II only cland Ill only