In 2012, the Fed Stated That It Would Continue to Purchase

question 41

True/False

In 2012, the Fed stated that it would continue to purchase Treasury bonds in the financial markets until GDP growth increased to a target level.

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Definitions:

Organic Product

A compound containing carbon that has been formed as the result of a chemical reaction involving organic molecules.

Reaction

A method where substances combine and transform into one or more distinct substances possessing unique chemical and physical characteristics.

Organic Product

A natural substance or compound obtained through biochemical processes from organisms or their parts.

Reaction

A process in which substances interact to form new substances with different properties, involving a reorganization of atoms or molecules.