Which of the Following Statements Is Correct

question 18

Multiple Choice

Which of the following statements is correct?

• A)The Fed has difficulty covering its normal expenses, but is reluctant to ask Congress for money.
• B)The Fed is dependent on the annual appropriations it receives from Congress.
• C)The Fed's profits are substantial, even when compared to the largest U.S. corporations.
• D)At one time the Fed made substantial profits, but falling interest rates have greatly reduced them.

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Definitions:

Positive Association

A relationship between two variables where both variables move in the same direction.

Firefighters

Trained personnel responsible for extinguishing fires, rescuing individuals, and preventing the spread of fire and damage.

Damages

Monetary compensation that a party is ordered to pay to another as restitution for wrong or injury.

Consistency

The characteristic of being coherent, uniform, or performing in a predictable manner over time.