Quantitative Easing Occurred When the Fed Purchased Bank Debt, Mortgage-Backed

question 39

True/False

Quantitative easing occurred when the Fed purchased bank debt, mortgage-backed securities, and long-term Treasury notes with money it created electronically.

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Definitions:

Condensation Point

The temperature at which a gas becomes a liquid; the cooling point where gaseous substances convert into their liquid state.

Alkanes

Hydrocarbons containing only single bonds between carbon atoms, with the general formula CnH2n+2.

Solvents

Substances that dissolve a solute, resulting in a solution; typically liquids but can also be solid or gas.

Non-Reactive

A term describing substances that do not easily undergo chemical reactions or bond with other substances.