If the Economy Is in an Inflationary Boom, the Fed

question 95

Multiple Choice

If the economy is in an inflationary boom, the Fed would most likely

• A) increase bank reserves by raising the discount rate.
• B) increase bank reserves by buying government securities
• C) decrease bank reserves by lowering the discount rate.
• D) decrease bank reserves by selling government securities.
• E) decrease bank reserves by lowering the legal reserve requirement.

Distinguish between different forms of workplace discrimination and their legal consequences.

Understand the significance of the Drug-Free Workplace Act of 1988 and its implications for employers and employees.

Recognize the principles of affirmative action and its application in the workplace.

Understand the importance of bona fide occupational qualifications (BFOQ) and their limitations regarding discriminatory practices.

---

Definitions:

Department Of Labor's

A federal agency responsible for enforcing labor laws, workplace safety, and ensuring fair labor practices across the United States.

Job Analyses

The process of examining and detailing specific job responsibilities, requirements, and the importance of these elements in the performance of the job.

Human Resource Professionals

Specialists in managing and developing an organization's workforce, including recruitment, training, benefits administration, and compliance with labor laws.

Managerial Positions

Jobs that involve overseeing and directing the functions and activities of employees, departments, or organizations.