An open market ________ by the Fed increases interest rates and ________ output

A) purchase; increases B) sale; decreases
C) purchase; decreases D) sale; increases

B

Economics

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Explain the term "labor hoarding."

What will be an ideal response?

Economics

Which of the following is NOT a key financial service provided by the financial system?

A) risk sharing B) profitability C) liquidity D) information

Economics