The objective of Operation Twist was to:
A) stimulate aggregate demand by lowering long-term interest rates.
B) stimulate aggregate demand by lowering short-term interest rates.
C) reduce inflationary pressure by raising long-term interest rates.
D) reduce inflationary pressure by raising short-term interest rates.
Correct Answer:
Verified
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A)equally effective
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Q176: Forward commitment by the Fed:
A) was suspended
Q177: Operation Twist:
A) ended the forward commitment policy
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