Examlex
The following is a routine encoded in the machine language described in the language description table. Explain (in a single sentence) what the routine does. (Explain what the entire routine does as a unit rather than reciting what each instruction does.)
Open-Market Operations
Purchases and sales of government securities by the Fed in an effort to influence the money supply.
Government Securities
Government securities are financial instruments issued by a government to raise funds from investors, promising to pay back the borrowed amount with interest, including bonds, treasury bills, and notes.
Fed's Purchase
The buying of securities or assets by the Federal Reserve to inject money into the banking system and stimulate economic activity.
Political Pressure
The exertion of influence by individuals or groups to achieve certain actions or policies from government or other authority figures.
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