Which of the Following Citizens Is Most Likely to Run

question 17

Multiple Choice

Which of the following citizens is most likely to run for office?

• A) Maria Trejo, a 28-year-old part-time sonogram technician and mother of two
• B) Jeffrey Lyons, a 40-year-old lawyer and father of one
• C) Linda Tepsett, a 40-year-old full-time orthopedic surgeon
• D) Mark Forman, a 70-year-old retired steelworker

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other financial institutions for the loans they take from a country's central bank or Federal Reserve.

Monetary Policy Tool

Mechanisms used by central banks to manage the money supply and interest rates in order to influence economic activity and inflation.

Open Market Operations

Central bank activities involving the buying and selling of government securities in the open market to control the supply of money and interest rates.

Excess Reserves

The funds that banks hold over and above the required reserve ratio set by a central banking authority.