Question

The FOMC meets regularly to direct the purchase and sale in the open market of government securities such as Blank______.
Multiple select question.

notes

bonds

checkable deposits

bills

stocks

Answer 1

The FOMC (Federal Open Market Committee) meets regularly to direct the purchase and sale in the open market of government securities such as:

- **notes**
- **bonds**
- **bills**

These are all types of government securities. "Checkable deposits" and "stocks" are not considered government securities.