What is it called when the Bank of Canada buys or sells government securities in order to influence the money supply and overall economy?

Question

Quizplus · Accepted Answer

This is known as open market operations, where the central bank buys or sells government securities in the open market to adjust the money supply and influence the economy. Closed market operations do not involve open market transactions, and quantitative easing is a specific type of open market operation which involves the purchase of longer-term securities. Economy manipulation is an incorrect term and not a commonly used term in economics.

What Is It Called When the Bank of Canada Buys