An open market operation occurs when _ buys or sells securities .
A) the Reserve Bank; from or to the federal government
B) a commercial bank; from or to the Reserve Bank or the federal government
C) a commercial bank; from or to the public
D) the Reserve Bank; in the open market
Correct Answer:
Verified
Q66: The Reserve Bank of Australia does NOT
Q67: When bank deposits increase from $1 million
Q68: Q69: Commercial banks are able to create money Q70: Which of the following is NOT included Q72: If nominal GDP is $12 billion, the Q73: Nicholas is saving money received daily from Q74: Which of the following is a tool Q75: An authorised deposit- taking institution is a Q76: Money as a medium of exchange
I. facilitates
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