The Fed's Principal Objective Is to

question 87

Multiple Choice

The Fed's principal objective is to

• A)make profits to pay into the U.S.Treasury.
• B)collect tax revenues.
• C)supervise the business decisions of banks.
• D)manage the money supply and interest rates.

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Definitions:

Ingratiation

A psychological technique where an individual attempts to become more likable to their target, often through flattery or other forms of manipulation.

Self-monitoring

The process of observing and regulating one's own behavior in social situations to fit social norms or expectations.

False Consensus

The cognitive bias of overestimating how much others share our beliefs, attitudes, and behaviors.

Narcissistic

Pertaining to, exhibiting, or characterized by narcissism, which is excessive self-focus, self-admiration, and a lack of empathy for others.