答案如下
Which of the following represents a consistent effort by the Federal Reserve (Fed) to reduce the money supply? A) Sell government bonds, lower the discount rate, and raise the required reserve ratio. B) Sell government bonds, raise the discount rate, and raise the required reserve ratio. C) Buy government bonds, raise the discount rate, and lower the required reserve ratio. D) Buy government bonds, raise the discount rate, and raise the required reserve ratio.
Your answer: B was correct! By selling government bonds the Fed is taking money out of the system and replacing it with bonds. Raising the discount rate will increase the opportunity cost of holding money and people will desire to hold less money. Raising the required reserve ratio will result in banks having less money to supply.
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