According to the Political Business Cycle Theory,if the Fed Wanted

question 29

Multiple Choice

According to the political business cycle theory,if the Fed wanted to see a President re-elected,prior to the election it might

• A)buy bonds to raise interest rates.
• B)buy bonds to reduce interest rates.
• C)sell bonds to raise interest rates.
• D)sell bonds to reduce interest rates.

---

Definitions:

New Yorker

A resident or native of New York City.

Ingroup Bias

The tendency to favor one's own group over others, often resulting in prejudice and discrimination.

Outgroup Homogeneity

Outgroup Homogeneity is the tendency to view members of an outgroup as more similar to each other than they really are, often leading to stereotyping.

Scapegoating

The practice of unfairly blaming an individual or group for problems or negative outcomes, often to divert attention from the real causes.