Which of the following is NOT a tool used by the Fed to implement monetary policy?

A) Printing Federal Reserve notes and minting coins
B) The discount rate
C) The reserve requirement
D) Open market operations

Monetary Policy

Central bank policies aimed at influencing economic activities through controlling interest rates and supply of money.

Reserve Requirement

The Reserve Requirement is a central banking regulation that sets the minimum amount of reserves each bank must hold as a proportion of its deposits, a tool used to control the money supply.

Open Market Operations

Activities by a central bank to buy or sell government securities in the open market to influence the money supply and interest rates.