Problem
(Wall Street Journal) Open-market operations, in which the Federal Reserve buys and sells U.S. government bonds, are an important tool of monetary control. Look in the Wall Street Journal in the Money and Investing section. Find the page where bond activity is reported. Is the market for U.S. government bills and bonds an active market? What impact does the liquidity of this market have on the ability of the Federal Reserve to exert monetary control?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.