Author Question: When the New York Federal Reserve Bank buys securities, it causes the federal funds rate to a. ... (Read 80 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
When the New York Federal Reserve Bank buys securities, it causes the federal funds rate to
 
  a. fluctuate unpredictably.
  b. go down.
  c. go up.
  d. hold steady.
  e. vanish.

Question 2

After the FOMC sets a target for the federal funds rate, how does the New York Federal Reserve Bank nudge the rate toward that target?
 
  a. It begins the process of refinancing mortgages it holds.
  b. It buys or sells securities.
  c. It directs all nationally chartered banks to adjust their rates accordingly.
  d. It holds a press conference.
  e. It instructs Congress on drafting the appropriate funds rate bill.



ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

ANS: B

Answer to Question 2

ANS: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library