Since 1970, the Fed Generally ________ the Interest Rate When

question 115

Multiple Choice

Since 1970, the Fed generally ________ the interest rate when inflation was ________.

• A) raised; high
• B) raised; low
• C) lowered; high
• D) The Fed has maintained a stable interest rate since 1970.

---

Definitions:

Early Supporters

Individuals or groups that first back or endorse a new idea, project, or innovation.

Evolution

The process through which populations of organisms change over generations, driven by mechanisms such as natural selection and genetic drift.

Chordate

A member of a diverse phylum of animals that includes the vertebrates, lancelets, and tunicates. As embryos, chordates all have a notochord (a hollow nerve cord), pharyngeal gill slits, and a post-anal tail. Many present-day chordates lose or modify these structures as they develop into adults.

Adult Organism

An organism that has reached its full developmental or mature stage, especially in terms of reproductive capacity.