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In open market operations, what the Central Banks sells or buys are

Economics
WAEC 2012

In open market operations, what the Central Banks sells or buys are

  • A. shares
  • B. debentures
  • C. securities
  • D. equities
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Correct Answer: Option C
Explanation

Open market operations is where the federal government through the central bank buys and sells government securities to control the money supply and interest rates. 

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