There are two types of open market operations: ________ open market operations are intended to change the level of reserves and the monetary base,and ________ open market operations are intended to offset movements in other factors that affect the monetary base.
A)defensive;dynamic
B)defensive;static
C)dynamic;defensive
D)dynamic;static

Question

Quizplus · Accepted Answer

Dynamic open market operations are intended to change the level of reserves and the monetary base, while defensive open market operations are intended to offset movements in other factors that affect the monetary base.

There Are Two Types of Open Market Operations: ________ Open