Which of the Following Are Policy Instruments Available to the Fed

question 150

Multiple Choice

Which of the following are policy instruments available to the Fed as it tries to achieve its macroeco goals?
I. government expenditures on goods and services and taxes
II. the government budget deficit or surplus
III. changes in the federal funds rate

• A) I and II
• B) II only
• C) II and III
• D) III only

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Definitions:

Generalized Learning

The process through which skills or knowledge learned in one context or situation are applied to different but related contexts or situations.

Punishment

A process in behavior analysis and modification, involving the application of an unpleasant stimulus or removal of a desirable stimulus to decrease a behavior.

Negative Reinforcement

A process in which a behavior increases because it removes or diminishes a negative condition.

Continuous Reinforcement

Continuous reinforcement is a learning process in which a desired behavior is reinforced every time it occurs, leading to rapid learning.