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question 39

Multiple Choice

The next question is based on this table.

-In December 1991,the Fed cut the discount rate by a full percentage point to 3.5 percent,the lowest discount rate in 27 years.This move clearly reflects the Fed's

• A) concern that inflation was getting out of control.
• B) desire to reduce bank reserves.
• C) effort to eliminate the large government budget deficit.
• D) need to borrow more money from abroad.
• E) attempt to send a clear signal to the banking system that it was time to expand credit.

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Definitions:

Allport

Gordon Allport was a psychologist known for his trait theory of personality, which focuses on the identification and measurement of individual personality traits.

Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors.

Reinforcement Value

Refers to the subjective attractiveness or desirability of a consequence that can increase the likelihood of a particular behavior being repeated.

Lower Calorie

Refers to foods or diets that have reduced calories compared to their traditional counterparts, often used for weight management.