Policy directive ,Account manager, Trading desk ,Primary dealer

Policy directive ,Account manager, Trading desk ,Primary dealer

1. Briefly define each of the following: a. Policy directive b. Account manager c. Trading desk d. Primary dealer
2. How does an open market sale of Treasury securities by the Fed affect the price of Treasury securities, the yield on Treasury securities, the monetary base, and the money supply?
Policy directive ,Account manager, Trading desk ,Primary dealer