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.
A cheetah strangling an impala, Timbavati Game Reserve, South Africa
Rate of Growth of Brain Areas
The mortality rate in the United States increases with age and is lower for women than men at every ...
How to convert units of any rate to another (Part 3)
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
US federal budget deficit/surplus and debt