The Federal Reserve purchases U.S. Treasury securities to:
A. increase the money supply.
B. reduce credit availability.
C. increase interest rates.
D. decrease expected inflation.
E. increase tax rates.
Answer: A
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If you are asked to summarize a discussion in class, you will likely use this delivery style
A) memorized B) manuscript C) extemporaneous D) impromptu
Which of the following ratios does NOT measure liquidity?
a. Current ratio b. Quick ratio c. Working capital to total assets d. Debt to equity
Fixed costs are ignored in allocating scarce resources because
a. they are unaffected by the allocation of scarce resources. b. fixed cost apply only to long-run decisions. c. they are sunk. d. there are no fixed costs associated with scarce resources.
A deposit of cash to an account becomes available for withdrawal at the opening of the next banking day following the deposit
Indicate whether the statement is true or false