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Please match each of the descriptions below with the individual or organization

ID: 1097849 • Letter: P

Question

Please match each of the descriptions below with the individual or organization that is responsible for undertaking the action described. This group bears the full burden of the 'inflation tax.' The agent responsible for issuing United States debt in order to finance the government's purchases. Increases the monetary base through the creation of money. Sells government debt back to the federal government during open-market transactions. Buys back government debt through open-market purchases. Holders of Treasury Securities U.S. Treasury Holders of Money Federal Reserve

Explanation / Answer

Inflation tax- Holders of Money

US debt agent - US treasury

Creation of money-Federeal reserve

Sell government debts- Holder of treasury securities

Open market operations- Federal reserve

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