What was the name of the plan,enacted in 2011,in which the Fed bought $400 billion worth of long-term securities while selling $400 billion worth of short-term securities?
A) Operation Go Long
B) Operation Twist
C) QE2
D) QE3

Question

Quizplus · Accepted Answer

The plan described is known as Operation Twist, which was enacted in 2011. The other options listed (Operation Go Long, QE2, QE3) refer to different actions taken by the Fed at various times, but none of them involved the specific strategy of buying long-term securities while selling short-term securities.

What Was the Name of the Plan,enacted in 2011,in Which