Open Market Operations Are When the Federal Reserve Bank Buys

question 70

Multiple Choice

Open market operations are when the Federal Reserve Bank buys or sells __________________.

• A) credit card debt
• B) subprime mortgages
• C) defaulted loans
• D) government securities
• E) mutual funds

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Definitions:

Twelve-year Low

Refers to the lowest level or point that something has reached in a period of twelve years.

Trading

The act of buying, selling, or exchanging goods and services between parties, often conducted on financial markets for profit.

John McCain

An American politician and military officer who served as a United States Senator from Arizona from 1987 until his death in 2018 and was the Republican nominee for President of the United States in the 2008 election.

Barack Obama

The first African American to serve as the President of the United States, holding office from 2009 to 2017 as the 44th president.