Open market operations 1 What are open-market operations? How are they conducted to fight inflation and recession? Write your answers completely 2 Why does the US dollar fluctuate with other...

Open market operations

1 What

are open-market operations? How are they conducted to fight inflation and

recession? Write your answers completely

2 Why

does the US dollar fluctuate with other currencies? Explain thoroughly this

with regard to:

(a) Interest

rates

(b) Trade

deficits