An Open-Market Sale of Treasury Bills by the Fed Not

question 50

Multiple Choice

An open-market sale of Treasury bills by the Fed not only reduces the money supply but also

• A)Lowers T-bill prices and raises interest rates.
• B)Drives up T-bill prices and pushes down interest rates.
• C)Lowers T-bill prices and pushes down interest rates
• D)None of these.

---

Definitions:

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology.

Philippe Pinel

A French physician renowned for his humanitarian approach to the care of mental patients in the late 18th and early 19th centuries.

Dorothea Dix

An American activist who significantly contributed to the changes in the treatment and perception of patients with mental illness in the 19th century.

Mental Health Professional

A trained expert who provides services for the purpose of improving an individual's mental health or to treat mental illness.