- CFA Exams
- CFA Level I Exam
- Study Session 5. Economics (2)
- Reading 16. Monetary and Fiscal Policy
- Subject 4. The Objectives of Monetary Policy
CFA Practice Question
To achieve its objectives, the Federal Reserve has selected as its monetary policy tool the ______.
A. interest rate on short-term U.S. government securities
B. federal funds rate
C. monetary base
Explanation: This is the same choice as that made by most other major central banks.
User Contributed Comments 0
You need to log in first to add your comment.