Which of the following statements is true of open-market operations?
a. Open-market operations involve clearing checks
b. Open-market operations involve lending money to member banks.
c. Open-market operations involve accepting deposits from member banks.
d. Open-market operations involve the Fed's purchase and sale of government securities.
e. Open-market operations involve the Fed's purchase and sale of foreign exchange.
d
You might also like to view...
Demand and supply curves are drawn assuming ceteris paribus. This means that:
A) economists ignore all assumptions. B) economists don't watch for the fallacy of false cause. C) changes will be proportional. D) all other things besides price and quantity are assumed unchanged.
Which of the following is a determinant of the market supply curve but not a determinant of an individual seller's supply?
a. production technology b. expectations c. input prices d. the number of sellers