By definition, when the Fed conducts an open market purchase, it is:
A. decreasing the quantity of reserves.
B. buying bonds.
C. increasing the quantity of reserves.
D. selling bonds.
E. Both B and C are correct.
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Home » Business » By definition, when the Fed conducts an open market purchase, it is: A. decreasing the quantity of reserves. B. buying bonds. C. increasing the quantity of reserves. D. selling bonds. E. Both B and C are correct.