Multiple Choice
In the "operation twist" strategy used in 2011 and 2012, the Fed sold _______ Treasury securities and used the proceeds to purchase ________ Treasury securities.
A) long-term; short-term
B) short-term; long-term
C) short-term; long-term.
D) long-term; short-term.
Correct Answer:
Verified
Correct Answer:
Verified
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