Open-market operations are:
A)Department of Finance purchases and sales of gold.
B)Bank of Canada purchases and sales of government bonds.
C)Canadian Securities Administrators rules requiring open disclosure of market trades.
D)Bank of Canada purchases and sales of gold and stocks.

Question

Quizplus · Accepted Answer

Open-market operations refer to the buying and selling of government bonds by a central bank, such as the Bank of Canada, to regulate the money supply and influence interest rates.

Open-Market Operations Are