Which of the Following Increase When the Fed Makes Open

question 11

Multiple Choice

Which of the following increase when the Fed makes open market purchases?

• A)currency and reserves
• B)currency but not reserves
• C)reserves but not currency
• D)neither currency nor reserves

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Definitions:

Corrective Advertising

A requirement imposed by regulatory agencies where a company must admit to past misleading advertising and correct the misinformation at their own expense.

FTC

The Federal Trade Commission, a U.S. federal agency whose mission is to prevent anticompetitive, deceptive, and unfair business practices.

False Impressions

Misleading appearances or statements that cause someone to derive an incorrect conclusion or understanding.

Fair and Accurate Credit Transactions Act

A federal law aimed at enhancing consumer protections against identity theft and ensuring the accuracy of credit information.