The Monetary Policies Carried Out by the Fed

question 105

Multiple Choice

The monetary policies carried out by the Fed

• A)must be ratified by Congress.
• B)must be consistent with fiscal policies passed by Congress.
• C)are sometimes inconsistent with fiscal policy.
• D)must be approved by the president.

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Definitions:

Punishment by Removal

A behavioral modification technique involving the withdrawal of a desirable stimulus to decrease the likelihood of a behavior reoccurring.

Classical Conditioning

A method of acquiring behaviors through the regular association of two stimuli; the response at first triggered by the second stimulus is eventually triggered by the first stimulus by itself.

Time Consuming

Requiring a significant amount of time to complete, often more than is desired or anticipated.

Learning

Learning is a process through which experience or practice results in a relatively permanent change in behavior or potential behavior.