When the Fed Allows the Monetary Base to Respond to the Purchase

question 72

Multiple Choice

When the Fed allows the monetary base to respond to the purchase or sale of domestic currency in the foreign exchange market, the process is called

• A)open market operations.
• B)hedging.
• C)sterilized intervention.
• D)unsterilized intervention.

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Definitions:

Virtue

Moral excellence and righteousness; qualities or traits that embody the best of human character.

Peterson's Guidelines

A set of principles or recommendations, presumably named after an individual named Peterson, which could relate to any number of fields or practices depending on context.

Good Things

Positive events or aspects of life that can contribute to one's happiness and well-being.

Nerves

Bundles of fibers that transmit impulses of sensation to the brain or spinal cord, and from the brain or spinal cord to the muscles and organs.