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Author Question: Through its practices of buying and selling government securities, the Federal Reserve controls the ... (Read 49 times)

Wadzanai

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Through its practices of buying and selling government securities, the Federal Reserve controls the money supply in the United States. This process is referred to as
 
  a. profit control.
  b. open market operations.
  c. capitalism.
  d. socialism.
  e. forced fiscal policy.

Question 2

As a regulatory tactic, all member banks nationwide are charged an amount to borrow short-term funds. This amount is referred to as
 
  a. the discount rate.
  b. the monetary average.
  c. fiscal reconciliation.
  d. federal profiteering.
  e. the CD rate.



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kxciann

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Answer to Question 1

ANS: B

Answer to Question 2

ANS: A




Wadzanai

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Reply 2 on: Jul 8, 2018
YES! Correct, THANKS for helping me on my review


ricroger

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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