Selling government bonds through open market operations allows the Federal Reserve to
A) decrease money in the Treasury.
B) receive a high rate of interest on the bonds.
C) decrease the money supply in the private sector.
D) receive discounts on future sales.
Question 2
Chain-weighted price indices are constructed such that
A) all years' levels of GDP are directly related to a base year level of GDP.
B) prices of one good can be directly compared with prices of other goods.
C) prices in different years can be directly compared with one another.
D) prices in different economies can be directly compared with one another.