Finra Exam Series-7 Topic 4 Question 51 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 51
Topic #: 4

If the Federal Reserve wished to ease credit, which of the following steps would it take?

Araise the discount rate

Bpurchase securities in the open market

Clower reserve requirements

Dboth B and C

Show Suggested Answer

Suggested Answer: D

both B and C. Buying in the open market injects funds into the economy. Lowering reserve requirements provides banks with more funds for lending.

by Iluminada at May 08, 2022, 08:43 AM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!