Homework 5 part 4 - 43 Open market operations influence...

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43. Open market operations influence reserve supply. For example, an open market sale will increase reserve supply. A) True B) False Table for Individual Question Feedback Points Earned: 1.0/1.0 Correct Answer(s): False 44. According to our discussion on the FOMC statement from August 2007, the Fed was worried about inflation getting too high. A) True B) False Table for Individual Question Feedback Points Earned: 1.0/1.0 Correct Answer(s): True 45. Following the 2001 recession (aka, the job-loss recovery), the Federal Reserve lowered their target for the federal funds rate all the way down to 1%. A) True B) False Table for Individual Question Feedback Points Earned: 1.0/1.0 Correct Answer(s): True 46. Following the job-loss recovery, the FOMC raised the target for the federal funds rate 17 meetings in a row.
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A) True B) False Table for Individual Question Feedback Points Earned: 1.0/1.0 Correct Answer(s): True
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