Which of the Following Is a Primary Difference Between QE2

question 182

Multiple Choice

Which of the following is a primary difference between QE2 and QE3?

• A) QE2 was vague about the size of the bond purchases;QE3 gave specific values.
• B) There were no significant differences;QE3 was just a continuation of QE2.
• C) QE2 had a specific deadline;QE3 was open-ended.
• D) QE2 was open-ended;QE3 had a specific deadline.

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Definitions:

Account Balance

The amount of money in a financial repository at any given time, which can be a positive or negative value.

Chart of Accounts

An organized list of all the financial accounts in a company's accounting system.

Cash Account

An account that records all transactions involving cash inflows and outflows, including receipts, disbursements, and balances.

Debited

An accounting entry that increases an asset or expense account, or decreases a liability or equity account.