Author Question: Open market operations are defined as A) a bank borrowing from the Fed. B) the buying and ... (Read 71 times)

fahad · **on:** Jun 29, 2018

Open market operations are defined as

A) a bank borrowing from the Fed.
B) the buying and selling of securities by the Fed.
C) the buying and selling of securities between banks.
D) the amount banks can lend on each deposit.
E) a bank making a loan to the Fed.

Question 2

The opportunity cost of an action is

A) everything that makes an action possible.
B) the monetary payments that make an action possible.
C) the sum of the human efforts that contribute to an action.
D) the value of the next-best alternative that must be sacrificed to take the action.