Open Market Operations

question 31

Multiple Choice

Open market operations

• A) lack flexibility because only very small purchases or sales may be carried out in any given month.
• B) lack flexibility because open market purchases cannot easily be offset by subsequent open market sales.
• C) are more flexible than other traditional policy tools.
• D) may be carried out only on the third Friday of each month.

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Definitions:

Physiological Condition

A state of normal function or balance in a living organism or any of its parts.

Depressive Features

Depressive features refer to characteristics or symptoms indicative of depression, such as persistent sadness, lack of interest in activities, and changes in sleep or appetite.

Cannabis Abuse

The problematic use of cannabis that negatively impacts health, social, or occupational functioning.

Perceptual Disturbance

An alteration in the way sensory information is interpreted or experienced, possibly leading to misinterpretations of one's environment.