In an Effort to Address the Troubled Economy

question 62

Multiple Choice

In an effort to address the troubled economy, ..."For the ninth time in just over a year, the Federal Re is expected to cut interest rates, quite possibly its last reduction in this downturn." Rates have not this low "... since 2003, when the economy was growing at a snail's pace. "
HYPERLINK "http://www.csmonitor.com/" www.csmonitor.com, 10/28/20
The Fed's rates cuts will initially impact _ and eventually _ _.

• A) the money supply; bank reserves
• B) investment; the real interest rate
• C) bank reserves; government spending
• D) bank reserves; real GDP

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Definitions:

Passive-aggressive

Exhibiting indirect opposition or resistance through avoidance, procrastination, and stubbornness rather than open conflict.

Resident Assistant

A trained peer leader who supervises and assists residents, particularly in college dormitories, with daily life and activities.

Empathy

Understanding and having compassion for others.

Sympathy

A feeling of pity or sorrow for the distress of others; understanding or empathizing with someone else's emotional experiences.