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Answered

Cutting taxes and purchasing government securities are both _____.

contractionary tools

monetary policy tools

fiscal policy tools

expansionary tools

  1. A bank holding company is _____.

a company that owns more than one bank

used by the Federal Reserve to store the required reserves of member banks

a company that holds gold and silver

a company within the Treasury Department

Verified Answer :

The correct answer is this one: "fiscal policy tools." Cutting taxes and purchasing government securities are both fiscal policy tools. They help you to make money while also saving money at the same time.
The correct answer is this one: "a company that owns more than one bank." A bank holding company is a company that owns more than one bank but does not necessarily engage in banking itself.

the answer is fiscal policy tools