Multiple Choice
Compared to typical open-market operations, when engaging in quantitative easing operations conducted by the Federal Reserve between 2007 and 2011, Federal Reserve purchases tended to be _____ securities.
A) safer and shorter-term
B) tax-favoured and foreign
C) smaller-denomination and higher-grade
D) riskier and longer-term
Correct Answer:
Verified
Correct Answer:
Verified
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