Which of the following can be described as when a bank buying securities owned by a business while agreeing to sell them back at a later date?

A) repurchase agreement
B) reverse repurchase agreement
C) federal funds
D) discount loans

B

Economics

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Which of the following is a true statement about equilibrium in the foreign exchange market?

A) Net exports are zero. B) The expected return on domestic assets is equal to the expected return on foreign assets. C) Foreigners wish to purchase the entire supply of domestic assets. D) The relevant central banks meet regularly to choose the equilibrium exchange rate.

Economics

Crawling pegs

A) are anti-inflationary because they require monetary discipline. B) are designed to stabilize real exchange rates when domestic inflation is less than inflation in other nations. C) reduce a nation's vulnerability to financial crises. D) lead to undervaluation of the domestic currency.

Economics