What is a key power of the Fed The power to change tax rates

What is a key power of the Fed?

The power to change tax rates.

The power to lower the budget deficit.

The power to lower the total national debt.

The power to expand and contract the amount of credit available in the United States.

both b and c

	A.	The power to change tax rates.
	B.	The power to lower the budget deficit.
	C.	The power to lower the total national debt.
	D.	The power to expand and contract the amount of credit available in the United States.
	E.	both b and c

The Federal Reserve uses three tools of monetary policy to control the amount of money in circulation

The three tools are
1.changing the required reserve ratio,
2.changing the discount rate, and
3.buying or selling bonds on the open market

so option D that is The power to expand and contract the amount of credit available in the United States

is correct.