Quantitative Easing by the Fed Refers to

question 111

Multiple Choice

Quantitative easing by the Fed refers to

• A)the creation of bank reserves by engaging in large-scale open market operation at very low interest rates.
• B)selling private securities issued by the Fed.
• C)decreasing the money supply during a recession to prevent inflation.
• D)lowering the federal funds rate while increasing the discount rate.
• E)lowering the required reserve ratio to zero percent.