Firms That Participate in Regular Open Market Transactions with the US

question 190

Multiple Choice

Firms that participate in regular open market transactions with the US Federal Reserve are called

• A)secondary market banks.
• B)Treasury banks.
• C)primary dealers.
• D)Federal Reserve partners.
• E)reserve banks.

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Definitions:

Explosive Eruptions

Volcanic eruptions characterized by the violent expulsion of gases, lava, and rock fragments from a volcano.

Nonexplosive Eruptions

Volcanic eruptions characterized by the effusive emission of lava flows with minimal airborne ash and fragmental material.

Single Volcano

A solitary mountain or hill typically characterized by a crater or vent through which lava, rock fragments, hot vapor, and gas are being or have been expelled.

Pyroclastic Flow

a fast-moving current of hot gas and volcanic matter (such as ash) that moves away from a volcano during an explosive eruption.