When a cyber attack targeting commercial banks results in a slowdown of the check-clearing process, float tends to ________ causing the Central Bank to initiate ________ open market ________. A. increase; defensive; sales B. decrease; defensive; sales C. decrease; dynamic; purchases D. increase; dynamic; purchases

When a cyber attack targeting commercial banks results in a slowdown of the check-clearing process, float tends to causing the Central Bank to initiate open market . A. increase; defensive; sales B. decrease; defensive; sales C. decrease; dynamic; purchases D. increase; dynamic; purchases

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand

Section: Chapter Questions

Problem 3PA

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