Author Question: An open-market operation refers to A) changing the money supply by changing taxes. B) changing ... (Read 106 times)

vicotolentino · **on:** Jun 30, 2018

An open-market operation refers to

A) changing the money supply by changing taxes.
B) changing the money supply by changing government spending.
C) an exchange of money for interest-bearing debt by the monetary authority.
D) an exchange of domestic money for foreign money by the monetary authority.

Question 2

An increase in energy prices is a likely cause of

A) Great Depression.
B) Korean War inflation.
C) the recession in 1973-1975.
D) the Great Moderation.