Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) Open market operations are interventions in the short-term money market by APRA to affect the cash interest rate.
B) Open market operations are interventions in the short-term money market by the RBA to affect the cash interest rate.
C) Open market operations are interventions in the long-term capital market by APRA to affect long-term interest rates.
D) Open market operations are interventions in the long-term capital market by the RBA to affect long-term interest rates.