An open market purchase of Treasury securities by the Federal Reserve causes the reserves of banks to rise

An advantage of charter schools is they _____

a. educate students at a lower cost than traditional public schools b. increase the amount of competition in the public school system c. have innovative curriculums that lead to rapid student improvement in most cases d. a and b

Because of fixed interest rates, there is no risk involved with holding government bonds

a. True b. False Indicate whether the statement is true or false