Which of the following is not a tool of the Fed? A) the ...

[SGallaher96]

Which of the following is not a tool of the Fed?
 
  A) the discount rate
  B) reserve requirements
  C) open market operations
  D) the proportion of money held as currency

Question 2

The Taylor rule (where a and b are positive parameters) is represented by
 
  A) i = i + a( - ) - b(un - u).
  B) i = i + a( -  ) + b(u - un).
  C) i = i + a( - ) - b(u - un).
  D) none of the above

[l.stuut]

Answer to Question 1

D

Answer to Question 2

C

[SGallaher96]

Excellent

[Joy Chen]

Thanks for the timely response, appreciate it