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Question 13 2 pts The most common monetary tool used by the Fed is the discount rate. 0 True 0 False Question 14 2 pts Contractionary monetary policy entails a decrease in money supply leading to a lower interest rate 0 True 0 False Question 15 2 pts When the Fed buys government securities on the open market interest rate decreases 0 True 0 False Question 16 2 pts The federal funds rate is the interest rate that the Fed charges the government on its loans 0 True 0 False Question 17 2 pts The delay between the time a macroeconomic pmhlern arises and the time at which policy makers become aware of it is called an operational lag 0 True 0 False Question 18 2 pts Recognition lags stem largely fmln problems in collecting economic data 0 True 0 False