If the Fed sells U.S. government securities,
A) the U.S. Treasury loses some revenue.
B) the U.S. Treasury gains some revenue.
C) banks' reserves increase.
D) the federal funds rate rises.
E) None of the above answers is correct.
D
You might also like to view...
A ________ curve shows how many units of a good or service consumers are willing to buy at various prices, and a ________ curve shows how many units of a good or service sellers are willing to offer for sale at various prices
Fill in the blank(s) with correct word
According to the authors of your text, a politician's interest in getting reelected
A) expands the politician's time horizon. B) leads the politician to concentrate on policies capable of generating short-run benefits. C) further encourages the politician to conform more to acting in the public interest. D) is based chiefly on selfish interest.