When the Fed buys or sells government bonds to private banks in exchange for reserves, it is referred to as:
A) the Fed's dual mandate. B) open market operations.
C) reserve targeting. D) moral suasion.
B
Economics
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Explain how the market for gasoline would react to this price ceiling if a global shortage of oil sent the equilibrium price of gasoline to $3.50 a gal-lon. Would the U.S. gasoline market be efficient?
What will be an ideal response?
Economics
Which of the following cities does NOT contain a Federal Reserve bank?
A) Cleveland B) Dallas C) Los Angeles D) Boston
Economics