What is the most accurate description of the Fed’s policy
commonly referred to as Quantitative Easing
a.
It involves the sale of government securities through the open
market
b.
It is a fiscal policy designed to reduce unemployment
c.
It involves the Fed Open Market Committee purchase of fed
funds
d.
It is a monetary policy targeted at creating greater market
liquidity
e.
It involves the manipulation of the discount rate to reduce
inflation