Answer:
Option (B) is correct.
Explanation:
Open market operations is a monetary policy instrument that is used by the Federal reserve for controlling the money supply in an economy. If there is a need to decrease the money supply in an economy then fed sells the government securities to the public and on the other hand if there is a need to increase the money supply in an economy then fed purchases the government securities from the public.
So, here the expansionary policy is to purchases the treasury bills from the public.
The program is called: permission marketing.
The required details about permission marketing is mentioned in below paragraph.
Permission marketing refers to a shape of marketing and marketing wherein the supposed target market is given the selection of opting in to get hold of promotional messages. The idea of permission advertising has been popularized through Seth Godin, an entrepreneur and author. He first mentioned the concept of permission marketing at period in his book Permission Marketing: Turning Strangers Into Friends, And Friends Into Customers. Permission advertising is characterised as anticipated, personal, and relevant. It is frequently located as the other of direct advertising wherein promotional cloth is historically despatched to a extensive patron population with out their consent.
To learn about permission marketing visit here.
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