The buying and selling of government bonds by the FOMC constitutes:
a. an open market operation.
b. a federal funds adjustment.
c. a discount rate adjustment.
d. a change in the reserve requirement.
e. sterilization of the money supply
a
Economics
You might also like to view...
Classical economists tend to
A) support Say's law. B) see unemployment as a persistent economic problem. C) reject the equality of savings and investment. D) believe in Keynesian economics.
Economics
Suppose Ann can produce 8 units of a material good (M) or 4 units of a spiritual good (S) in a day, while Ben can produce only 3 Ms or 3 Ss in a day. Which statement below is true?
A) Ann is the most efficient producer of spiritual goods. B) Ann is the most efficient producer of material goods. C) Ben is the least efficient producer of spiritual goods. D) All of the above are true.
Economics