Open Market Operations Change

question 14

Multiple Choice

Open market operations change:

• A)the size of the money multiplier, but not bank reserves
• B)bank reserves, but not the size of the money multiplier
• C)neither bank reserves nor the size of the money multiplier
• D)both bank reserves and the size of the money multiplier
• E)the target overnight rate but not the interest rate on bonds

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Definitions:

Weightlifters

Individuals who engage in the sport or activity of lifting heavy weights as a form of physical exercise or in competition.

Pyramid Scheme

A fraudulent investment scam based on a hierarchical setup of network marketing, where profit is made primarily by enlisting other people into the scheme.

Power Lifters

Athletes who compete in powerlifting, a strength sport consisting of three attempts at maximal weight on three lifts: squat, bench press, and deadlift.

Intermediate Lifters

Individuals who have surpassed the novice stage in weightlifting and have developed a moderate level of strength and proficiency in lifting techniques.