The Quantitative Easing Policy Conducted by the Federal Reserve Between

question 82

Multiple Choice

The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a large increase in the monetary base that was partially offset by:

• A) a significant increase in the reserve-deposit ratio.
• B) a significant decrease in the reserve-deposit ratio.
• C) open-market purchases.
• D) open-market sales.

---

Definitions:

Supplier's Country

The nation in which a supplier or producer of goods or services is located or operates from.

Port

A location on a coast or shore containing harbors where ships can dock and transfer people or cargo to or from land.

CIF

An international commercial term (Incoterm) meaning "Cost, Insurance, and Freight," indicating the seller must cover these costs to the point of destination specified.

Marine Insurance

Insurance coverage that protects against the loss or damage of ships, cargo, terminals, and any transport by which property is transferred, acquired, or held between the points of origin and final destination.