Instructions: Identify the Following

question 63

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
"Yellow dog contracts"

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve's discount window.

Arbitrary Cutoff

A subjective point chosen without any specific criterion or rationale, often in data analysis or reporting.