Which of the Following Statements Is Correct

question 76

Multiple Choice

Which of the following statements is correct?

• A)The Fed completely controls the volume of discount loans.
• B)Although the Fed does not completely control the volume of discount loans, it influences the amount by setting the discount rate.
• C)Although the Fed does not completely control the volume of discount loans, it influences the amount through open market operations.
• D)The volume of discount loans the Fed makes each year is a constant amount fixed under terms of the Federal Reserve Act.

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Definitions:

Innovation

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

Civil Disobedience

The active, professed refusal to obey certain laws, demands, or commands of a government, as a form of peaceful political protest.

Political Strategies

Approaches used within organizations to acquire, develop, and use power and other resources to obtain one's preferred outcomes in a situation in which there is uncertainty or disagreement about choices.

Indirect Lobbying

Indirect lobbying involves attempting to influence legislation and public opinion through campaigns that mobilize public support, rather than direct interaction with legislators.