Which Statement(s) Is(are) True? I

question 140

Multiple Choice

Which statement(s) is(are) true? I. The Fed is required to promote economic growth accompanied by full employment, stable prices, and moderate long-term interest rates.
II) To fight high unemployment, the Fed must stimulate the economy. If the stimulus leads to inflation, the goal of promoting full employment conflicts with the goal of price stability.
III) The Fed may have to stimulate the economy to promote economic growth, which can lead to inflation. If the Fed is fighting inflation, it may have to raise interest rates, which conflicts with the goal of moderate long-term interest rates.

• A) I only
• B) II and III only
• C) I and III only
• D) I, II, and III

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Definitions:

Pivot Tables

A data summarization tool found in data visualization programs such as Excel, which can automatically sort, count, and total the data stored in one table or spreadsheet and create a second table displaying the summarized data.

Large Data Set

A collection of data that is so large and complex that traditional data processing applications are inadequate to deal with them.

Input

Data that is entered into a system or model for processing or analysis.

Analytics

The process of examining large data sets to uncover hidden patterns, correlations, trends, and other insights.