Open Market Operations

question 95

Multiple Choice

Open market operations:

• A)are used infrequently
• B)are a prime source of income for the U.S.economy
• C)are used by the Fed to alter bank reserves
• D)none of the above

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Definitions:

Test-statistic

A value calculated from sample data during hypothesis testing, used to determine whether to reject the null hypothesis.

Margin of Error

The margin of error is a statistic expressing the amount of random sampling error in a survey's results, indicating the range within which the true population parameter is expected to lie with a certain level of confidence.

Standard Deviation

a statistic that measures the dispersion of a dataset relative to its mean, indicating how spread out the numbers are.

Gas Stations

Retail establishments that sell fuel and often other services or goods for motor vehicles.