Open market operations are the main technique used by central banks to control the size of the monetary base

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Open market operations are the main technique used by central banks to control the size of the monetary base. In Canada, open market operations involve:

A) the Bank of Canada's purchases or sales of government securities from or to the general public.

B) the Bank of Canada's attempts to affect the reserves of the banks without affecting the money supply.

C) the Bank of Canada's purchases or sales of high-grade corporate bonds and stocks from or to the general public.

D) the Bank of Canada's loans made to, or received, from members of the Canadian Payments Association.