If Inflation Is a Threat, Then the Fed Will Be

question 36

Multiple Choice

If inflation is a threat, then the Fed will be expected to engage in

• A) expansionary monetary policy.
• B) contractionary monetary policy.
• C) policies to increase the money supply.
• D) policies to lower the rate of interest.

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Definitions:

National Labor Relations Board

An independent federal agency established to protect employees' rights to organize and to determine whether to have unions as their bargaining representative.

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The act of advocating for, opposing, or attempting to influence legislation or policy decisions by members of congress, typically conducted by lobbyists on behalf of interest groups.

National Labor Relations Board

An independent agency of the U.S. government responsible for enforcing U.S. labor law in relation to collective bargaining and unfair labor practices.

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