The Fed Controls Intermediate Target Variables Only Indirectly Mainly Because

question 49

Multiple Choice

The Fed controls intermediate target variables only indirectly mainly because

• A)they are also subject to influence by other parts of the federal government.
• B)private-sector decisions also influence these variables.
• C)of information lags.
• D)of impact lags.

---

Definitions:

Esteem Needs

A higher-level requirement in Maslow's hierarchy of needs that includes the desire for respect, status, recognition, and self-esteem.

Maslow's Hierarchy

A theory in psychology proposing that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, prioritized hierarchically.

Clothing

Items worn on the body to protect, cover, or adorn, often reflecting personal style or cultural practices.

Deficiency Needs

pertain to basic requirements for physical and psychological well-being, as identified in Maslow's hierarchy of needs, including safety, love, and self-esteem.