"As Greenspan Chases Inflation, Critics Shout, 'Faster!

question 133

Multiple Choice

"As Greenspan Chases Inflation, Critics Shout, 'Faster!'
"For weeks, the Fed has broadcast its intention to raise interest rates glacially." The Fed was moving slowly, according to an economist because "... the declining price of oil, economic fundamentals, incl productivity and global competition, will keep inflation in check." The Fed, recognizing that the eco was improving stated it planned to "respond to changes in economic prospects as needed to fulfill i obligation to maintain price stability." Other economists disagree with the Fed's restrained policy "mistake"
Www) nytimes, 7/1/20
The Fed's policy will the quantity of money and the supply of loanable funds.

• A) increase; increase
• B) increase; decrease
• C) decrease; decrease
• D) decrease; increase

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Definitions:

Intrinsic

Describes motivation or values driven by internal rewards, such as personal satisfaction or fulfillment, rather than external pressures or rewards.

Extrinsic

Pertaining to external factors or influences, often referring to motivation that comes from outside an individual, such as rewards or punishments.

Moral Values

Values or types of behavior that serve as a basis for ethical conduct and are formed through the influence of the family, culture, or society.

Ethical Conduct

Adherence to accepted standards of behavior or professional practice, often involving principles of honesty, fairness, and respect.