The Initial Impact of the Fedʹs Open Market Sale of Government

question 31

Multiple Choice

The initial impact of the Fedʹs open market sale of government securities to banks is

• A) an increase in the quantity of money by some multiple of the dollar volume of the sale.
• B) a decrease of the banking systemʹs reserve deposits at the Fed.
• C) a decrease in the quantity of money by some multiple of the dollar volume of the sale.
• D) an increase in bank deposits at the Fed.

Analyze how social stratification is represented in media and literature.

Explain the mechanisms through which individuals and groups experience social mobility.

Identify the factors contributing to the creation and maintenance of the upper-upper class.

Understand the relationship between technology, economy, and changes in social stratification.

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Definitions:

Staple Extractor

A tool designed to remove staples from documents or other materials.

Staples

Thin pieces of metal used to fasten sheets of paper together, inserted through the sheets and clinched over.

Antiseptic

An agent that will prevent the growth or arrest the development of microorganisms.

Sutures

Stitches used by medical professionals to close cuts or wounds, aiding in the natural healing process of the skin.