The balance in the Gold and SDR certificate account on the Fed's balance sheet increases when
A)the Fed buys gold.
B)the Fed sells gold.
C)the Treasury buys gold.
D)the U.S. mint issues gold coins.

Question

Quizplus · Accepted Answer

The balance in the Gold and SDR certificate account increases when the Treasury buys gold, as the account reflects the Treasury's gold holdings.

The Balance in the Gold and SDR Certificate Account on the Fed's