In November 2008,the Fed Began Its First Round of Quantitative

question 223

Multiple Choice

In November 2008,the Fed began its first round of quantitative easing.In total,the Fed conducted ________ rounds of quantitative easing before ending the program in October 2014.

• A)2
• B)3
• C)4
• D)5

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Definitions:

Honour Society

An organization that recognizes excellence among peers; often in academic or professional contexts.

Elaboration Likelihood Model

A theory in social psychology that proposes two routes to persuasion: the central route and the peripheral route, based on the degree of thought and cognitive processing involved.

Central Route

A method of persuasion that entails thoughtful consideration of the arguments and content of a message.

Persuasive Messages

Communications designed to influence the attitudes, beliefs, or behaviors of the recipient through reasoning, appeal to emotion, or authority.