Quantitative Easing by the Fed Refers to

Multiple Choice

Quantitative easing by the Fed refers to

A) the creation of bank reserves by engaging in large-scale open market operation at very low interest rates.
B) selling private securities issued by the Fed.
C) decreasing the money supply during a recession to prevent inflation.
D) lowering the federal funds rate while increasing the discount rate.
E) lowering the required reserve ratio to zero percent.