« previous next »

Author Question: When the New York Federal Reserve Bank buys securities, it causes the federal funds rate to a. ... (Read 126 times)

jman1234

  • Hero Member
  • *****
  • Posts: 560
on: Jul 9, 2018
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
Reply #1 on: Jul 9, 2018
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
« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Factors influencing pulse rate Factors influencing pulse rate
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library