Open-market operations are extremely rigid

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Reference no: EM131113074

Which of the following statements is true?

a. Open-market operations have a fairly unpredictable effect on the supply of money.

b. The Federal Reserve undertakes open-market operations on an infrequent basis.

c. Open-market operations are extremely rigid.

d. Open-market operations can be used by the Federal Reserve with some precision.

Reference no: EM131113074

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