Open Market Operations

question 31

Multiple Choice

Open market operations

• A)lack flexibility because only very small purchases or sales may be carried out in any given month.
• B)lack flexibility because open market purchases cannot easily be offset by subsequent open market sales.
• C)are more flexible than other policy tools.
• D)may be carried out only on the third Friday of each month.

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Definitions:

Management Training

Programs aimed at enhancing the abilities of managers and potential managers to improve productivity and effectiveness in an organization.