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The four main tools of monetary policy are

A. tax-rate changes, the discount rate, open-market operations, and the federal funds rate.

B. tax-rate changes, change in government expenditures, open-market operations, and interest on excess reserves.

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

D. changes in government expenditures, the reserve ratio, the federal funds rate, and the discount rate.

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Garima Menon
Garima MenonLv7
30 Jan 2021
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