Historical Actions Indicate That the Fed's Primary Goal of Monetary

question 51

Multiple Choice

Historical actions indicate that the Fed's primary goal of monetary policy over the past 30 years has been to

• A) maintain high interest rates.
• B) keep employment rates low.
• C) limit the availability of consumer credit.
• D) prevent high rates of inflation.

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Definitions:

Consent Election

A method used by workers to form a union in which they express their desire to unionize through signed authorization cards.

Decertification Election

A process by which employees can vote to remove the representation of a labor union.

National Labor Relations Board

An independent federal agency in the United States that enforces labor laws in relation to collective bargaining and unfair labor practices.

Lockout

An employer's exclusion of workers from a workplace until they meet certain conditions.