When the Fed Promised to Hold the Fed Funds Rate

question 17

Multiple Choice

When the Fed promised to hold the Fed funds rate close to zero until the end of 2014, it was:

• A)carrying out what's known as operation twist.
• B)carrying out what is known as credit easing.
• C)following a precommitment policy.
• D)following a policy that was recommended by Congress.

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Definitions:

XXY Sex Chromosomes

A condition known as Klinefelter syndrome, where a male is born with an extra copy of the X chromosome.

Secondary Sex Characteristics

Features that appear at puberty, distinguishing the two sexes from each other but are not directly involved in reproduction, such as facial hair in men and breast development in women.

Primary Sex Characteristics

The physical features that are directly involved in human reproduction, including genital organs.

Binary

Relating to, composed of, or involving two things; in computing, represents data using two symbols, typically 0 and 1.