Open Market Sales ________ Reserves and the Monetary Base Thereby

question 110

Multiple Choice

Open market sales ________ reserves and the monetary base thereby ________ the money supply.

• A)raise;lowering
• B)raise;raising
• C)lower;lowering
• D)lower;raising

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Definitions:

Perseverance

The continued effort to do or achieve something despite difficulties, failures, or opposition.

Long-term Goals

Objectives set with an extended timeframe in mind, usually exceeding one year, to achieve significant accomplishments.

Deliberate Practice

Carrying out carefully focused efforts to improve current performance.

Resilience

The capacity to recover quickly from difficulties; toughness or the ability to withstand adversity.