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Which economic tool would most likely be used as part of a contractionary monetary policy.
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24 votes
24 votes
Which economic tool would most likely be used as part of a contractionary monetary policy.

User Pfleidi
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2 Answers

26 votes
26 votes

Answer:

The Federal Reserve uses three main contractionary monetary tools: increasing interest rates, increasing banks' reserve requirement, and selling government securities.

User Janis T
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15 votes
15 votes

Answer:A/B/C/D answer is: raising interest on reserves.

Step-by-step explanation:

User Doowb
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