Gig Recently Heard a Radio Report That the Fed Will

question 229

Multiple Choice

Gig recently heard a radio report that the Fed will try to help get the U.S.economy back on track.If the Fed takes action,Gig would likely see:

• A)Lower interest rates.
• B)An increase in the size of the government's budget deficit.
• C)Lower government spending.
• D)An increase in the minimum wage.

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Definitions:

Deficit Principle

A concept in motivation that suggests individuals are motivated to satisfy deprived needs, or deficits, to maintain a base level of comfort.

Compensation

The combination of salary, wages, and benefits that an employee receives in exchange for their work.

Research Design

The overall strategy chosen to integrate the different components of a study in a coherent and logical way, thereby ensuring the effective address of the research problem.

Empirical Support

Refers to evidence gathered through observation, experience, or experiment, rather than theory, supporting a hypothesis or theory.