When the Fed sells a security to a financial firm and the Fed agrees to buy back the security the next day,the transaction is known as
A)a repurchase agreement.
B)a reverse repurchase agreement.
C)an open market flip-flop.
D)a federal funds swap.

Question

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The Answer of When the Fed sells a security to a financial firm and the Fed agrees to buy back the security the next day,the transaction is known as
A)a repurchase agreement.
B)a reverse repurchase agreement.
C)an open market flip-flop.
D)a federal funds swap.

When the Fed Sells a Security to a Financial Firm