The Use of the U

question 258

Multiple Choice

The use of the U.S. federal budget to help stabilize the economy grew in reaction to the ________ and is known as ________.

• A) stagflation of the 1970s; fiscal policy
• B) Great Depression of the 1930s; fiscal policy
• C) stagflation of the 1970s; government policy
• D) Great Depression of the 1930s; monetary policy

---

Definitions:

Preferred Stock

Shares that give owners limited voting rights, and the right to receive dividends or assets before owners of common stock.

Convertible Securities

Bonds or preferred stock issues that are convertible into a set number of shares of the issuing company’s common stock.

Convertible Securities

Financial instruments, such as bonds or preferred shares, that can be converted into another type of security, typically shares of the issuing company's stock.

Daily Trading

The practice of buying and selling financial instruments within the same trading day, aiming to exploit short-term market movements.