Which of the following is NOT an accurate description of open market operations prior to 2008?

A) It was used to affect the market for bank reserves.
B) It was used to control the federal funds rate.
C) It involved buying and selling of short-term Treasury securities.
D) It involved buying and selling long-term securities.

D

Economics

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Refer to Scenario 2. What is the estimated regression equation for determining the market value of houses?

What will be an ideal response?

Economics

If the price level in Japan is 1.0, the price level in the U.S. is 2.0, and it costs 100 Yen to buy one dollar, then the real exchange rate between the U.S. and Japan is

A) 2. B) 10. C) 50. D) 100. E) 200.

Economics