In the "Operation Twist" Strategy Used in 2011 and 2012

question 22

Multiple Choice

In the "operation twist" strategy used in 2011 and 2012, the Fed sold _______ Treasury securities and used the proceeds to purchase ________ Treasury securities.

• A) long-term; short-term
• B) short-term; long-term
• C) short-term; long-term.
• D) long-term; short-term.

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Definitions:

Relative Deprivation

The feeling of dissatisfaction or injustice from the perception that one is worse off compared to others or compared to one's expectations.

Los Angeles Riots

A series of violent disturbances in Los Angeles, California, in 1992, triggered by the acquittal of police officers caught on video beating Rodney King.

Acquittal

A legal judgment that formally declares the defendant not guilty of the criminal charges against them.

Physical Environment

The natural or man-made surroundings in which an organism lives, including all living and non-living factors.