The quantity of securities held by the Federal Reserve is controlled by:
A. The U.S. Treasury.
B. The Fed's annual budget.
C. Open market operations.
D. The purchases made by the regional Reserve banks.
Answer:C
The quantity of securities held by the Federal Reserve is controlled by:
A. The U.S. Treasury. B. The Fed's annual budget. C. Open market operations. D. The purchases made by the regional Reserve banks.