To Lower Long-Term Interest Rates,in 2010 the Fed Started Its

question 114

Multiple Choice

To lower long-term interest rates,in 2010 the Fed started its new open market operation program to purchase

• A)mortgage-backed securities.
• B)commercial papers.
• C)long-term Treasuries.
• D)Treasury bills and Treasury notes.

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Definitions:

Units-of-production

A method of depreciation that assigns an asset's cost based on its usage, activities, or output, instead of the passage of time.

Depreciation Expense

Depreciation Expense denotes the allocation of an asset's cost over its useful life, reflecting the asset's consumption or decline in value.

Straight-line

A method of depreciation that allocates an equal expense amount to each period over the useful life of an asset.

Straight-line Depreciation

A method of allocating the cost of a tangible asset over its useful life, evenly distributing the depreciation expense each year.