The Laws That Created the Fed Give It Some Specific

question 38

True/False

The laws that created the Fed give it some specific recommendations about what goals it should pursue so it has little discretion in making policy.

---

Definitions:

Bad Apple Effect

The idea that one person who breaks the rules can inspire other people to break the rules also

Ostracized

The act of excluding or ignoring someone from a social group, leading to feelings of isolation and rejection.

Strangers

Individuals who are unknown or unfamiliar to one another, often lacking personal interaction or acquaintance.

Rejection Sensitivity

A tendency to expect rejection from others and to become hypersensitive to possible rejection.