When Central Banks Engage in Quantitative Easing, They Are Acting

question 71

True/False

When central banks engage in quantitative easing, they are acting in their role as banker to the government.

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Definitions:

Internecine Dispute

A conflict within a group, organization, or country that is both destructive to those involved and to the group itself.

War Department

The precursor to the modern United States Department of Defense, responsible for military affairs before it was reorganized into the Department of the Army and the Department of the Air Force.

Black Soldiers

Members of the military who are of African descent, historically facing segregation and discrimination, yet serving valiantly in various armies around the world.

Union Army

The Union Army was the land force that fought for the Union (the Northern states) during the American Civil War, opposing the Confederate Army of the Southern states.