Which of the following statements, concerning monetary policy, is/are true?
The Fed controls the supply of money, which enables it to significantly impact
short-term interest rates.
The Fed will follow an easy monetary policy in times of inflation and times when
it wants to constrict the supply of money.
As the reserve requirement for banks is increased, less money is available to be
loaned to customers resulting in a restriction of the money supply.
The federal funds rate is the overnight lending rate between member banks.
The Federal Reserve discount rate is the borrowing rate from the Federal Reserve