When the Fed Buys Assets Other Than Short-Term Government Bonds

question 81

Multiple Choice

When the Fed buys assets other than short-term government bonds it is called:

• A) the inflation tax.
• B) fiscal policy.
• C) term auction credit.
• D) quantitative easing.
• E) seignorage.

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Definitions:

Service Chambers

Components typically found in air brake systems of large vehicles, used to convert compressed air into mechanical force to apply the brakes.

Modulations Per Second

A measure of how many times a signal's modulation changes within one second, indicative of the signal’s variation rate.

Pneumatic ABS

An Anti-lock Braking System for air-braked vehicles, particularly large trucks and buses, that prevents wheel lockup during braking.

Reluctor Wheel

A component in an electronic ignition system that works with a sensor to produce a signal, used for determining the engine's position or speed.