Quantitative Easing Is

question 75

Multiple Choice

Quantitative easing is:

• A) statements today about policy targets in the future.
• B) expansion of the supply of aggregate reserves beyond the amount needed to maintain the policy rate target.
• C) asset purchases that shift the composition of the Fed's balance sheet.
• D) expansion of the demand for aggregate reserves to drive down the IOER.

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Definitions:

Fair Value

An estimation of the market value of an asset or liability based on the current market prices or valuations of similar assets and liabilities.

U.S. Tax Laws

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