The Term "Quantitative Easing" Refers to a Policy by the Fed

question 23

Multiple Choice

The term "quantitative easing" refers to a policy by the Fed to

• A)massively buy long-term assets in order to directly lower long-term interest rates
• B) massively sell short-term assets in order to quickly change short-term interest rates
• C) directly appeal to banks to ease credit in order to stimulate investment spending
• D)"peg" the interest rate at a pre-determined level through the use of open market operations
• E)none of the above

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Definitions:

Cortical Nephrons

Nephrons located in the cortex of the kidney, playing a crucial role in the filtration of blood and regulation of water and soluble substances.

Juxtamedullary Nephrons

A type of nephron in kidneys, located close to the medulla, involved in the concentration of urine and water reabsorption.

Loops of Henle

The part of the kidney nephron involved in the counter-current exchange mechanism to concentrate urine and reclaim water and salts.

Podocytes

Specialized cells in the kidneys that wrap around capillaries of the glomerulus, playing a critical role in the filtration of blood to form urine.