Tools of monetary policy for altering reserves of commercial

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Reference no: EM13802543

The tools of monetary policy for altering the reserves of commercial banks are the

a. tax rate, transfer payments, and level of government spending.

b. consumer price index, inflation, and unemployment rate.

c. public debt, budget surplus, budget deficit, and interest rates.

d. discount rate, reserve ratio, open market operations, and term auction facility.

Reference no: EM13802543

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