A Worldwide Recession Reduces the Amount of U

question 66

Multiple Choice

A worldwide recession reduces the amount of U.S. exports, and as a result, aggregate demand decreases. To move U.S. GDP back to potential GDP, the Fed should

• A) raise the federal funds rate.
• B) lower the federal funds rate.
• C) decreasing the quantity of money of money.
• D) increase the governmentʹs budget deficit.

---

Definitions:

Traditional Values

Beliefs, moral codes, and cultural standards passed down from generation to generation within a society.

Modern Values

Contemporary ethical and moral principles that guide behavior and practices, often contrasting with traditional values.

Catty

Describing behavior that is subtly or overtly spiteful, typically used to refer to mean-spirited competitiveness among women, though it can apply more broadly.

Gender Socialization

The process by which individuals learn and internalize the roles, behaviors, norms, and values expected of them according to their assigned gender.