Which of the Following Statements Is True

question 1

Multiple Choice

Which of the following statements is true?

• A)Open market operations are interventions in the short-term money market by APRA to affect the cash interest rate.
• B)Open market operations are interventions in the short-term money market by the RBA to affect the cash interest rate.
• C)Open market operations are interventions in the long-term capital market by APRA to affect long-term interest rates.
• D)Open market operations are interventions in the long-term capital market by the RBA to affect long-term interest rates.

---

Definitions:

Structural-functionalism

A sociological theory that views society as a complex system whose parts work together to promote stability and integrity.

Conflict Theory

A sociological perspective that views social life as a competition, and focuses on the distribution of resources, power, and inequality within a society.

Marxism

A socio-political and economic ideology based on the works of Karl Marx, focusing on class struggle, the critique of capitalism, and the advocacy for a classless society.

Exemplary Character

Relates to individuals or actions serving as ideal examples or models in moral, ethical, or social contexts.