State whether each of the following variables is most likely to be a goal, an intermediate target, an operating target, a monetary policy tool or none of the above.

Group of answer choices

Monetary base

[ Choose ] Operating target Intermediate target Goal None of the above Tool

Unemployment rate

[ Choose ] Operating target Intermediate target Goal None of the above Tool

Open market purchases

[ Choose ] Operating target Intermediate target Goal None of the above Tool

Federal funds rate

[ Choose ] Operating target Intermediate target Goal None of the above Tool

M1

[ Choose ] Operating target Intermediate target Goal None of the above Tool