Question
Which of the following generally occurs when a central bank pursues contractionary open market operation? A) the central bank sells bonds and the interest rate
Which of the following generally occurs when a central bank pursues contractionary open market operation?
A) the central bank sells bonds and the interest rate increases.
B) the central bank buys bonds and the interest rate decreases.
C) the central bank sells bonds and the interest rate decreases.
D) the central bank buys bonds and the interest rate increases.
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Macroeconomics
Authors: Stephen d. Williamson
5th Canadian edition
133847144, 9780134604794 , 978-0133847147
