For the Federal Reserve's balance sheet, the asset listed Securities would include:
A. Private and public debt.
B. Mainly U.S. Treasury and municipal bonds.
C. Bonds issued by commercial banks.
D. Only U.S. Treasury securities and small quantities of Federal Agency Obligations.
Answer:D
For the Federal Reserve's balance sheet, the asset listed Securities would include:
A. Private and public debt. B. Mainly U.S. Treasury and municipal bonds. C. Bonds issued by commercial banks. D. Only U.S. Treasury securities and small quantities of Federal Agency Obligations.