Because It Emphasizes the Fact That the Process Involves the Purchase

question 127

Multiple Choice

Because it emphasizes the fact that the process involves the purchase of certain types of private securities, the Fed uses the following related term to refer to quantitative easing.

• A)A liquidity trap.
• B)Credit easing.
• C)Zero interest measures.
• D)Liquidity easing.
• E)None of these.

---

Definitions:

Continental Mantle Plumes

Upwellings of abnormally hot rock within the Earth's mantle thought to cause volcanic activity and continental breakup.

Explosive Eruptions

Volcanic eruptions characterized by violent explosions that eject ash, lapilli, and volcanic bombs into the atmosphere.

Felsic Magma

Magma that is rich in silica and light in color, with high viscosity and typically forms rocks such as granite and rhyolite.

Telecommuting

The practice of working from a remote location, outside of a traditional office environment, often using digital communication tools.