Which of the Following Is an Example of an "Unconventional

question 97

Multiple Choice

Which of the following is an example of an "unconventional monetary policy" by a central bank?

• A)The purchase of specific categories of assets with new money.
• B)The sale of long-term government bonds for foreign exchange.
• C)the purchase of long-term government bonds using foreign exchange.
• D)raising reserve requirements by commercial banks.
• E)selling gold reserves.

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Definitions:

Service Charge Expense

Costs charged to customers for services provided, including fees for maintenance, support, or other service-related activities.

Accounts Receivable

Money owed to a business by its clients for goods or services provided on credit.

Visa and MasterCard

Global payment systems that facilitate transactions between merchants and card issuers to process credit and debit card payments.

Cash Sales

Transactions where payment is made in full using cash or electronic funds at the time of purchase.