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Open-market operations refer to ______.A.loans from commercial banks to corporations and c

Open-market operations refer to ______.

A.loans from commercial banks to corporations and consumers.

B.inter-bank loans.

C.changes in interest rates caused by the changes in commercial bank loans.

D.buying and selling governmental securities by the central bank.

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第4题
?Read the text below about federal reserve system.?In most of the lines 34--45 there is on

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?In most of the lines 34--45 there is one extra word. It is either grammatically incorrect or does not fit in with the meaning of the text. Some lines, however, are correct.

?If a line is correct, write CORRECT on your Answer Sheet.

?If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your Answer Sheet.

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Correct Commonly known as the Federal Reserve Bank or the "Fed", this is the central

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34 Requirement within limits set out by the US Congress. The function of the Fed is

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37 seven members both stationed in Washington D. C. The responsibilities of the

38 Fed system are carried out through 12 Regional Federal Reserve Banks

39 controlling. The members of the Fed include the commercial banks, i.e. those

40 with the national chartered commercial banks and approximately to 10% of the

41 State-chartered commercial banks. These member banks buy stock from their

42 Regional Federal Reserve Banks is the larger body of the Fed system which

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(34)

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