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In Its Conduct of Open Market Operations, the Fed Now

Question 120

Multiple Choice

In its conduct of open market operations, the Fed now buys and sells


A) only U.S. government securities.
B) only mortgage-backed securities issued by large investment banks.
C) a wide range of assets including the stock shares of large banks, domestic automobile manufacturers, and high-technology business firms.
D) a wide range of assets including corporate bonds and mortgage-backed securities.

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