QUESTIONS 33 THROUGH 44 RELATE TO ECONOMICS

41. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON 2012
41. In an effort to influence the economy, a central bank conducted open market activities by selling government bonds. This implies that the central bank is most likely attempting to: A. contract the economy by reducing bank reserves. B. expand the economy through a lower policy interest rate. C. contract the economy through a lower policy interest rate.