If the Federal Open Market Committee Conducts an Open Market

question 198

Multiple Choice

If the Federal Open Market Committee conducts an open market purchase:

• A)interest rates will fall.
• B)interest rates will remain unchanged.
• C)interest rates will rise.
• D)the money supply will decrease.

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Definitions:

Preconscious Level

A psychological term for thoughts and feelings not immediately in consciousness but that can easily be brought to mind.

Need Awareness

The recognition by consumers that they have a specific unmet need.

Consumer

An individual who purchases goods and services for personal use.

Benefit Selling

A sales technique focused on communicating the advantages and positive outcomes a customer will gain from purchasing a product or service.