What Reason Do Many People Think Explains Why the Fed

question 153

Multiple Choice

What reason do many people think explains why the Fed overstimulated the money supply in the 1970s?

• A) because of a presidential dictate to do so
• B) to induce a recession
• C) because of the high unemployment associated with the oil crises
• D) because it was trying to control inflation

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Definitions:

Authoritarian Government

A system of governance where power is concentrated in the hands of a single ruler or a small elite, with limited political freedoms.

Political Scientists

Scholars who study the origin, development, and operation of political systems and public policy.

Digital Citizenship

The conscientious application of technology by individuals utilizing computers, the Internet, and digital gadgets to interact with the community at any capacity.

Political Knowledge

The awareness and understanding individuals have about political processes, principles, policies, and leaders.