Question

In: Economics

1) Ralph George Hawtrey (1879-1975) identified monetary policy as something that might stabilize the economy through...

1) Ralph George Hawtrey (1879-1975) identified monetary policy as something that might stabilize the economy through the central bank’s control of

         a.      open-market operations.                    c.         reserve requirements.

         b.      the rediscount rate.                              d.         all of these.

Solutions

Expert Solution

The Federal Reserve's three instruments of monetary policy are open market operations, the discount rate and reserve requirements.

The correct option is therefore

d. All of these.

Rahul Sunny answered 2 years ago
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