Which of the Following Is an "Either-Or" Decision

question 51

Multiple Choice

Which of the following is an "either-or" decision?

• A) Allen must decide how many courses to take this semester.
• B) Sally must decide how many hours to spend studying for each of the four courses that she is taking this semester.
• C) Chris must decide how many hours to work each week at his part-time job.
• D) Dylan must decide whether to major in economics or finance.

---

Definitions:

Board of Governors

The leading body of a central bank system or other regulatory agency, responsible for setting policies and overseeing the institution's operations.

Monetary Policy

The process by which a central bank, currency board, or government manages the supply of money and interest rates to achieve economic objectives like controlling inflation, consumption, growth, and liquidity.

President's Pleasure

A legal term denoting the indefinite detention of a prisoner because the head of state has not exercised their power to limit the period of detention.

Federal Reserve Act

Legislation passed in 1913 that established the Federal Reserve System as the central bank of the United States, intended to provide the country with a safe, flexible, and stable monetary and financial system.