Which three instruments are primarily used to implement monetary policy?

Show Answers

Fiat money, commodity money, and deposit moneyOpen market operations, reserve ratio, and the discount rateMoney supply, government spending, and taxesGovernment spending, taxation, and reserve requirementsCoins, paper currency, and checking account balances

Explanation

The main tools of monetary policy include open market operations, reserve requirements, and the refinancing (discount) rate. These instruments help central banks regulate the money supply and influence interest rates. Other options mention forms of money or fiscal policy tools, which are not primary monetary policy instruments.