There Are Two Types of Open Market Operations: ________ Open

question 100

Multiple Choice

There are two types of open market operations: ________ open market operations are intended to change the level of reserves and the monetary base,and ________ open market operations are intended to offset movements in other factors that affect the monetary base.

• A)defensive;dynamic
• B)defensive;static
• C)dynamic;defensive
• D)dynamic;static

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Definitions:

Punitive Damages

Monetary compensation awarded to an injured party that goes beyond what is necessary to compensate for losses and is intended to punish the wrongdoer.

Unconscionable

Something that is shockingly unfair or unjust, often used in a legal context to describe terms that are extremely one-sided.

Sabbath Laws

Regulations related to the observance of the Sabbath, the day of rest in some religions, affecting business operations, work, and activities on this day.

Blue Laws

Laws designed to restrict or ban certain activities on Sundays, traditionally to encourage observance of a day of worship or rest.