The Name for the Federal Agency with Appointed, Long-Serving Board

question 43

Multiple Choice

The name for the federal agency with appointed, long-serving board members that sets monetary policy in order to keep inflation in check and encourage economic growth.

• A) Congressional Budget Office (CBO)
• B) Federal Reserve (Fed)
• C) Office of Management and Budget (OMB)
• D) Council of Economic Advisors (CEA)

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Definitions:

Freudian

Pertaining to or involving the theories and ideas of Sigmund Freud, especially regarding the unconscious, psychosexual stages, and the structure of personality.

Neo-Freudian

Refers to psychologists who followed Freud but developed their own theories, often emphasizing social and cultural factors over sexual ones.

Transference

In psychotherapy, the process by which patients project feelings about significant others from their past onto the therapist.

Inferiority Complex

A psychological state in which individuals feel deep feelings of inadequacy and a lack of self-worth compared to others.