45) Banks have a maturity mismatch since A)some of their loans are short term while others are long term. B)some of their borrowings are short term while others are long term. C)they borrow long term, but lend short term. D)they borrow short term, but lend long term.
46) Suppose FOMC revises target federal funds rate upwards. If the Federal Reserve wishes for the effective federal funds rate to be at their target level, then the appropriate action for the Federal Reserve to take is a ________ open market ________, everything else held constant.
47) What does it mean for a money market mutual fund to "break the buck"?
48) Money that has no value other apart from its use as money: