In Terms of the Mechanics of Quantitative Easing

question 370

Multiple Choice

In terms of the mechanics of quantitative easing,

• A) quantitative easing formally changes interest rates; open-market operations only influence rates.
• B) it works the same as open-market operations.
• C) it differs from open-market operations in that the securities purchases occur directly from households.
• D) it only changes the interest rate; it doesn't influence bank reserves.

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Definitions:

Intense Heat

Extremely high temperatures that can impact the environment, human health, and overall climate patterns.

Primary Succession

The series of community changes which occur on an entirely new habitat which has never been colonized before.

Retreating Glacier

A glacier that is decreasing in size and moving backward over time, often an indicator of climate change.

Rock Exposed

Areas where the bedrock or geological formations are visible on the earth's surface without vegetation cover.