In 2012 the Fed Announced That It Would Purchase $40

question 12

Multiple Choice

In 2012 the Fed announced that it would purchase $40 billion of mortgage securities per month. These purchases shifted the ________ reserves curve ________.

• A) supply of; leftward
• B) supply of; rightward
• C) demand for; rightward
• D) demand for; leftward

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Definitions:

Crack

A powerful, ready-to-smoke freebase cocaine.

Psychodynamic

Referring to an approach in psychology that focuses on the interplay of unconscious and conscious forces driving human behavior, thoughts, and emotions.

Sociocultural

Pertains to the combination of social and cultural factors that influence an individual's behavior, attitudes, and how they perceive the world.

Cognitive-Behavioral

A mental health strategy focused on rectifying maladaptive emotions, actions, and thoughts through an objective-driven and structured methodology.