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Public Mistrust of Banks Was a Factor in Limiting the Effectiveness

question 13

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Public mistrust of banks was a factor in limiting the effectiveness of the quantitative easing policies that began in 2008.


Definitions:

Bureau Of Labor Statistics

A U.S. government agency responsible for gathering and analyzing data related to employment, unemployment, wages, and working conditions.

Household Survey

A data collection method typically involving a sample of residences, used to gather various statistical data regarding demographics, employment, and other pertinent characteristics of the population within the households.

Establishment Survey

A statistical survey conducting interviews or gathering data from businesses or establishments to assess economic conditions or employment trends.

Labor Demand

The quantity of labor that employers are willing to hire at a given wage rate, reflecting the demand for labor in the labor market.

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