The key objective of purchases by the Federal Reserve of over $1 trillion worth of debt issued by private firms was ________
A) to avoid the bankruptcy of the issuing firms
B) to manage expectations
C) to prevent such firms from being acquired by foreign companies
D) to stimulate spending by firms and households
D
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What are tax loopholes and what are their effects?
What will be an ideal response?
Your visit to the dentist, college tuition, and any commissions earned by a used car salesman are all included in GDP.
Answer the following statement true (T) or false (F)
The elimination of automatic stabilizers would decrease the need for other fiscal policies.
Answer the following statement true (T) or false (F)
Which of the following is considered an advantage of a sole proprietorship?
A) easy to raise large sums of capital B) limited liability for owner C) profit taxed only once D) permits effective specialization