As Expansionary Monetary Policy Tools, Quantitative Easing (QE) and Traditional

Multiple Choice

As expansionary monetary policy tools, quantitative easing (QE) and traditional open-market purchases differ in all of the following, except

A) the intended effect on the federal funds rate.
B) securities purchased by the Fed.
C) the mechanics of how the Fed buys the securities.
D) the desired goal of shifting aggregate demand.