Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The tools of monetary policy for altering the reserves of commercial banks and influencing the inflation rate and the unemployment rate include: A. discount rate,

The tools of monetary policy for altering the reserves of commercial banks and influencing the inflation rate and the unemployment rate include:

A. discount rate, reserve ratio, open-market operations, and interest on excess reserves.

B. Consumer Price Index and unemployment rate.

C. tax rate and level of government spending.

D. public debt, budget surplus, and budget deficit.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microbiology A Systems Approach

Authors: Marjorie Kelly Cowan

5th Edition

1259947963, 9781259947964

More Books

Students also viewed these Economics questions

Question

discuss ways of measuring sickness absence and sickness presence;

Answered: 1 week ago