Asked by Jayla Ashley on Jun 11, 2024

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Open market operations involve each of the following except

A) the National Debt.
B) interest rates.
C) the President.
D) the Board of Governors.
E) the New York Federal Reserve District Bank.

Open Market Operations

The buying and selling of government securities by a central bank as a means of controlling the money supply and influencing interest rates.

National Debt

The total amount of money that a country's government has borrowed, by various means, from the private sector and other governments.

Interest Rates

The cost of borrowing money or the return for investing money, typically expressed as a percentage of the principal amount per year.

  • Comprehend how open market operations function and their impact on monetary policy.
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Verified Answer

AW
Asharia WoolardJun 16, 2024
Final Answer :
C
Explanation :
Open market operations involve the buying and selling of government securities by the Federal Reserve, through the Board of Governors and the New York Federal Reserve District Bank, in order to affect interest rates and the money supply. The National Debt refers to the total amount of money owed by the government and is not directly involved in open market operations. The President does not have a direct role in open market operations.