During the Economic Crisis of 2008, the Fed Acquired the Authority

question 160

Multiple Choice

During the economic crisis of 2008, the Fed acquired the authority to

• A) pay interest to commercial banks on their reserves.
• B) determine the size of the budget deficit or surplus of the Federal Government.
• C) require the Treasury to print and issue additional currency.
• D) purchase gold in sufficient amounts to back the U.S. dollar.

---

Definitions:

Assimilation

The process by which individuals or groups adopt the culture, attitudes, and norms of another group, often losing aspects of their original identity.

Separation

The act of dividing or distinguishing elements from one another in various contexts, such as physical, emotional, or organizational separation.

Integration

The process of combining or coordinating separate elements or groups to function together as a unified whole.

Adaptive Corporate Culture

Refers to an organizational culture that is flexible and responsive to changes in the external environment, encouraging innovation and learning.