Which one of the following is a tool of monetary policy often used by the Fed for altering the reserves of commercial banks?
A. Issuing currency
B. Check collection
C. Required reserve ratio
D. Open-market operations
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Home » Business » Which one of the following is a tool of monetary policy often used by the Fed for altering the reserves of commercial banks? A. Issuing currency B. Check collection C. Required reserve ratio D. Open-market operations