Question

Open market operations are

A) the buying and selling of existing U.S. government securities in open private markets by the Fed in order to change the money supply.

B) the buying and selling of existing U.S. government securities in open private markets by citizens.

C) the selling of new government securities by banks in order to increase the money supply.

D) the selling of new government securities in open private markets by banks in order to finance the deficit.

Answer

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