Which of the Following Is Not Inversely Related to Per

question 244

Multiple Choice

Which of the following is not inversely related to per capita income?

• A)mortality rates for children under five years of age
• B)adult illiteracy rates
• C)per capita energy consumption
• D)population growth rates

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Definitions:

Federal Funds

Reserve balances that commercial banks hold at the Federal Reserve, which can be lent to other banks overnight to meet reserve requirements, influencing the federal funds rate.

Short-Term Basis

A period or timeframe that typically covers the near future, often less than a year, used for planning and decision making.

Banks

Financial institutions that accept deposits from the public, create credit, and provide loans, among other financial services.

Lender Of Last Resort

The role typically assumed by a central bank to provide funds to financial institutions in distress, to prevent systemic failures.