The Fed's Countercyclical Policy Tools to Eliminate a Recession Include

question 97

Multiple Choice

The Fed's countercyclical policy tools to eliminate a recession include lowering:

• A) the discount rate, raising the Fed funds rate, and selling government bonds on the open market.
• B) the required reserve ratio, raising the discount rate, and selling government bonds on the open market.
• C) the required reserve ratio, raising the discount rate, and buying government bonds on the open market.
• D) the required reserve ratio, lowering the discount rate, and buying government bonds on the open market.

Recognize the variety of psychotherapy approaches and their emphasis on individual versus collective values.

Understand specific therapies for certain conditions, such as the use of light therapy for depression.

Identify the therapeutic value of providing clients with a new perspective.

Understand the role of psychopharmacology and biomedical therapies in treating psychological disorders.