The Results of the Fed's Efforts to Help Member Banks

question 19

Multiple Choice

The results of the Fed's efforts to help member banks in 1931 illustrate the general principle that

• A) any action the Fed takes with regard to commercial banks causes an inevitable reaction in the economy as a whole.
• B) any action taken by the Fed to help member banks has a negative impact on the economy as a whole.
• C) actions taken by the Fed have far less impact on the overall economy than was once believed.
• D) keeping member banks solvent is, in the long run, the single best way to stimulate a sluggish economy.
• E) the nation's monetary system should be tied to the gold standard.

Understand the structure and outcomes of various outpatient treatment programs, including 12-step models and therapeutic communities.

Recognize the development and components of treatment plans in the early stages of outpatient care.

Grasp the concept of personality change mechanisms within therapeutic communities.

Identify the phases of change clients undergo in therapeutic community environments.

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Definitions:

Antitrust Suits

Legal actions taken against companies or entities to break up monopolies or to prevent anti-competitive practices, aiming to promote fair competition for the benefit of consumers.

Ivan Boesky

A former American stock trader who became infamous in the 1980s for his role in a major insider trading scandal.

Greed Is Good

A phrase popularized by the film "Wall Street" (1987) to encapsulate the idea that unbridled financial self-interest and the pursuit of personal wealth are positive forces in society.

Wall Street Trader

An individual who buys and sells stocks or other financial instruments on Wall Street, the heart of the financial district in New York City.