When Did the Fed First Begin to Use Open Market

question 40

Multiple Choice

When did the Fed first begin to use open market operations as a policy tool?

• A) the 1920s
• B) the 1930s
• C) the 1960s
• D) the 1980s

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestors who are predominantly from Sub-Saharan Africa.

Macro-Level

Pertaining to large-scale social processes, structures, or systems that affect groups, communities, or societies as a whole.

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The evolving expectations and behaviors considered appropriate for men and women, reflecting shifts in societal norms, values, and opportunities.

Divorce

The legal dissolution of a marriage by a court or other competent body, ending legal duties and responsibilities of marriage.