open market operation are the process by which

ECONOMICS
WAEC 1991

open market operation are the process by which

  • A. the Central Banks purchases and sells securities
  • B. Commercial Banks purchases and sells securities
  • C. business firms buys raw materials freely
  • D. huseholds buys consumer goods openly

Correct Answer: A. the Central Banks purchases and sells securities



Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *
Add Math
Don't want to keep filling in name and email whenever you make a contribution? Register or login to make contributing easier.