When the Fed sells a security to a financial firm and the Fed agrees to buy back the security the next day, the transaction is known as
A) a repurchase agreement.
B) a reverse repurchase agreement.
C) an open market flip-flop.
D) a federal funds swap.
Answer: B
Economics
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In the above figure, B is the current long-run aggregate supply curve and E is the current short-run aggregate supply curve. Technological advances mean the long-run aggregate supply curve and short-run aggregate supply curve
A) remain B and E. B) shift to A and D, respectively. C) shift to C and F, respectively. D) shift to C and remain E, respectively.
Economics
The tax cuts of 2008 and 2009 reduced the disposable income of U.S. consumers
a. True b. False Indicate whether the statement is true or false
Economics