Open market operations refer to the purchase or sale of ________ to control the money supply.
Added by Sarah B.
Step 1
Step 1: Open market operations refer to the purchase or sale of government securities by the central bank. Show more…
Show all steps
Your feedback will help us improve your experience
Donna Densmore and 87 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Donna D.
What are Open-Market Operations? Type in its definition and explain why it is important in 5 sentences.
Crystal W.
Explain how an open market sale decreases the money supply.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD