During the Stock Market Crash of October 1987, the Fed

question 89

Multiple Choice

During the stock market crash of October 1987, the Fed

• A)raised the discount rate.
• B)raised reserve requirements.
• C)increased lending to member banks.
• D)sold government securities.

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Definitions:

Restricted Stock Option Plans

A form of equity compensation where employees are granted the option to purchase company stock at a discounted price with restrictions on sale.

Early Retirement Incentive Plan

A program offered by employers to encourage older employees to retire early, typically providing financial benefits as an incentive.

Payroll Costs

The total expenses incurred by a company to compensate its employees, including wages, salaries, and benefits.

Early Retirement Incentive Programs

Offers that organizations provide to encourage employees to retire earlier than the normal retirement age, often including financial benefits.