The Fed Sells Short-Term Debt and Uses the Proceeds to Buy

question 51

Multiple Choice

The Fed sells short-term debt and uses the proceeds to buy long-term debt. This represents:

• A)precommitment policies.
• B)standard monetary policy.
• C)quantitative easing.
• D)operation twist.

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Definitions:

Transactional Activity

Transactional Activity refers to the routine, day-to-day operations and transactions within an organization, such as payroll processing and record-keeping.

Human Capital

The value of an individual’s competencies and capabilities, which is considered an asset to an organization’s performance and efficiency.

Human Resources Management

The strategic approach to the effective and efficient management of people in an organization to help their business gain a competitive advantage.

Personnel Department

The division within an organization tasked with managing employee-related functions, including recruitment, training, and benefits administration.