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open market operation are the process by which

open market operation are the process by which
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The Central Banks purchases and sells securities
  • B Commercial Banks purchases and sells securities
  • C Business firms buys raw materials freely
  • D Huseholds buys consumer goods openly
  • E The money market takes over the function of the Central Banks
Correct Answer: Option A
Explanation:

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