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Compared to Typical Open-Market Operations, When Pursuing Quantitative Easing, Federal

question 8

Multiple Choice

Compared to typical open-market operations, when pursuing quantitative easing, Federal Reserve purchases tended to be _____ securities.


Definitions:

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Frugality

The quality of being economical with resources or expenditure; practicing restraint in the use of materials and funds.

Cognitive Dissonance

A psychological state of discomfort arising from holding two or more conflicting beliefs, values, or attitudes, leading to behavior change or attitude adjustment.

Consistency

is the tendency to maintain a uniform behavior, attitude, or belief over time.

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