Which of the following is an advantage of open market operations over other Federal Reserve policy tools?
A) Use of the other tools must be approved by the President.
B) Use of the other tools must be approved by Congress.
C) Open market operations are more precise.
D) Open market operations do not change interest rates.
E) The U.S.Treasury and the Fed work together to undertake open market operations.
Correct Answer:
Verified
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