After the Stock Market Crash of 1987,the Financial Emergency of 1998,and

question 20

Multiple Choice

After the stock market crash of 1987,the financial emergency of 1998,and September 11,2001,the Federal Reserve Bank pursued a policy of

• A) tightening the money supply and raising interest rates sharply.
• B) maintaining steady growth in the money stock to reassure business.
• C) flooding the banking system with excess liquidity to ease the threat of personal and corporate bankruptcies.
• D) temporary tax reductions on interest, dividends, and capital-gains income.
• E) borrowing reserves from the International Monetary Fund.

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Definitions:

Education Level

The highest degree or grade of schooling an individual has completed.

Physical Activity

All physical actions triggered by the contraction of skeletal muscles which lead to the consumption of energy, such as tasks performed during work, play, execution of domestic duties, commuting, and participation in leisure activities.

Unmarried Man

A male individual who has never entered into a marriage or similar partnership.

Obesity

A medical condition in which excess body fat has accumulated to the extent that it may have a negative effect on health.