Open market operations involve
A) the buying and selling of existing corporate bonds.
B) the buying and selling of existing corporate stocks.
C) the buying and selling of existing federal government bonds.
D) the buying and selling of Federal Reserve bonds.
Answer: C) the buying and selling of existing federal government bonds.
You might also like to view...
The above table gives data for the nation of Mojo. At what level of real GDP is the economy at equilibrium expenditure?
A) $3.0 trillion B) $9.0 trillion C) more than $12.0 trillion. D) $6.0 trillion E) $12.0 trillion
Suppose firms in Hong Kong can produce 40,000 plastic dolls or 80,000 squirt guns each week, while firms in Taiwan can produce 40,000 plastic dolls or 40,000 squirt guns each week. Therefore
A) People in Hong Kong sacrifice two dolls for every squirt gun produced. B) People in Taiwan sacrifice two dolls for every squirt gun produced. C) People in Hong Kong sacrifice 2 squirt guns for every doll produced. D) none of the above are true.