Question

Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rather than fiat money?

Choose one or more:



A. Lowering the reserve requirement



B. Selling short-term U.S. Treasury securities



C. Increasing the discount rate



D. Buying short-term U.S. Treasury securities



E. Quantitative easing



F. Raising the reserve requirement



G. Decreasing the discount rate

Answer 1

E. Quantitative easing and Buying short-term U.S. Treasury securities

Step-by-step explanation: