Which of the following was the result of the Federal Reserve's purchase of mortgage-backed securities in 2009?
a. MBS interest rates declined, home mortgage rates declined, and the Fed turned a profit on these operations.
b. MBS interest rates declined, home mortgage rates declined, but the Fed had a loss on these operations.
c. MBS interest rates increased, home mortgage rates declined, and the Fed turned a profit on these operations
d. MBS interest rates increased, home mortgage rates increased, but the Fed had a loss on these operations
a
Economics
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