In One of His Weekly Broadcasts,the Federal Reserve Chairman Remarked

question 20

Multiple Choice

In one of his weekly broadcasts,the Federal Reserve Chairman remarked that inflation had begun to tick upward.However,unemployment in the U.S was still quite high and economic growth had slowed.With short-term interest rates close to 0 zero) ,the Chair did not visualize that ____________ policy would be able to do anything for the high unemployment problem.He felt that _______ policy would be more useful for bolstering employment,but that would require local and state governments and the federal government to provide tax breaks for corporations?

• A)federal;state
• B)fiscal;monetary
• C)monetary;fiscal
• D)fiscal;federal

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Definitions:

Electrical Appliances

Devices operated by electricity designed to perform domestic tasks.

Technical Problems

Issues or challenges that arise within the context of a particular domain of expertise, often requiring specialized knowledge to solve.

Extreme Demand

A situation or requirement that is significantly beyond what is considered normal or reasonable, often challenging to meet or fulfill.

Negotiation

A dialogue between two or more parties aimed at reaching a consensus or resolving differences.