The Fed Lowered Interest Rates in 2001 and 2002

question 4

Multiple Choice

The Fed lowered interest rates in 2001 and 2002.This implies,other things the same,that the Fed

• A)increased the money supply because it was concerned about unemployment.
• B)increased the money supply because it was concerned about inflation.
• C)decreased the money supply because it was concerned about unemployment.
• D)decreased the money supply because it was concerned about inflation.

---

Definitions:

Comparable Worth

A principle stating that jobs of equal value to an organization should receive equal pay, regardless of the gender or demographics of the jobholders.

Workplace Privacy

The right to privacy while at work.

Careless Employees

Workers who show a lack of attention or concern for accuracy, potentially leading to mistakes, inefficiencies, or safety issues in the workplace.

Employee Entitlements

Benefits and rights guaranteed to employees by law or company policy, such as leave entitlements and workplace protections.