In September 2012 the Fed Announced That Because of Weak

question 25

Multiple Choice

In September 2012 the Fed announced that because of weak labor market conditions, it would ________ $40 billion of mortgage backed securities per month. Critics of the action said that banks have ________ excessive reserves so the action would be futile.

• A) sell; huge amounts of
• B) buy; huge amounts of
• C) buy; very little
• D) sell; very little

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Definitions:

Temperament

The behavioral characteristics that are fairly well established at birth, such as “easy,” “difficult,” and “slow to warm up”; the enduring characteristics with which each person is born.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their patterns of thought, feelings, and behaviors.

Moral Behavior

Actions that align with societal norms and values regarding what is right and wrong.

Value Judgment

An assessment that reflects personal beliefs or opinions rather than objective truth, often involving a declaration of something being good or bad.