Quantitative Easing (QE) and Traditional Open-Market Purchase Differ in That

question 236

Multiple Choice

Quantitative easing (QE) and traditional open-market purchase differ in that

• A) the goal of an open-market purchase was to raise the federal funds rate, while QE intends to reduce it.
• B) open-market purchases raises the reserves in the banking system, while QE does not affect the amount of reserves.
• C) an open-market purchase was intended to reduce the federal funds rate, while QE is not intended to do so.
• D) open-market purchases increase the reserves in the banking system, while QE reduces the amount of reserves.

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Definitions:

Fully Functioning Person

A term used by Carl Rogers to describe an individual who is living optimally with self-awareness and authenticity, open to experience, and continually growing.

Optimal Level

The most favorable or efficient degree or state of something for achieving a specific outcome or purpose.

Inner Value System

A personal set of ethics, morals, and values that guide an individual's behavior and decision-making.

PEN Model

A psychological framework that describes personality based on three dimensions: Psychoticism, Extraversion, and Neuroticism.