You Read an Article in the Paper That Stated the Federal

question 63

Multiple Choice

You read an article in the paper that stated the Federal Reserve bank sold $500 million of government securities on Tuesday of last week.When the Fed did this they were controlling the money supply by using which of the following tools?

• A)open market operations
• B)risk
• C)discount rate
• D)reserve requirements ratio
• E)unable to tell with the information provided

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Definitions:

Posterior Probabilities

The probabilities assigned to hypotheses or outcomes after taking into consideration the relevant evidence and the prior probabilities.

Malignant Cyst

A type of growth or tumor that can invade surrounding tissues and spread to other parts of the body, considered cancerous.

Benign Cyst

A non-cancerous cyst that is generally not life-threatening and can occur in various parts of the body, often not requiring removal unless it causes discomfort.

Diagnostic Test

A procedure used to identify the presence or absence of a condition, disease, or other biological marker.