Question

Describe the four major tools central banks use to enact monetary policy: reserve requirements, discount rates, open market operations, and interest on reserves. (4 points)

Answer 1

Central banks have four primary monetary tools for managing the money supply. These are the reserve requirement, open market operations, the discount rate, and interest on excess reserves.

Explanation :Central banks have four primary monetary tools for managing the money supply. These are the reserve requirement, open market operations, the discount rate, and interest on excess reserves.

Answer 2

price can be in true price

Step-by-step explanation:

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