The Fed's purchases and sales of government securities are called:
a. margin operations
b. open market operations.
c. small-dealer transactions.
d. intermediary transactions.
b
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If each of us relied exclusively on the market to determine what to buy, we would probably end up with few, if any
a. streetlights b. strawberries c. CDs d. raincoats e. televisions
Banks generally keep most of their assets in the form of ______.
a. cash assets b. reserves held at the Fed c. loans d. secondary reserves
?The difference between the LPM model and the logit and probit models is that:
A. ?the LPM assumes constant marginal effects for all the independent variables, while the logit and probit models imply diminishing magnitudes of the partial effects. B. ?the LPM assumes constant marginal effects for some of the independent variables, while the logit and probit models imply diminishing magnitudes of the partial effects. C. ?the LPM assumes constant marginal effects for the dependent variable, while the logit and probit models imply diminishing magnitudes of the partial effects. D. ?the LPM assumes different marginal effects for all independent variables, while the logit and probit models imply diminishing magnitudes of the marginal effects.
Unemployment due to the length of time it takes to find employment upon entering the labor force or voluntarily between jobs is called
A. cyclical unemployment. B. frictional unemployment. C. structural unemployment. D. natural unemployment.