Which of the Below Statements Is FALSE

question 5

Multiple Choice

Which of the below statements is FALSE?

• A) An important source of inflation is an economic shock in the supply of a crucial material, such as the oil shocks of the 1970s, which affected almost all countries.
• B) It is important to realize that high employment is one of the Fed's goals because, in certain circumstances, the Fed's policy can indirectly influence the level of employment.
• C) Given that zero unemployment is not a feasible aim, the appropriate goal of the Fed and other governmental policy makers is actually a high level of employment.
• D) Stability in the price level is a secondary goal of the Fed.

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Definitions:

Sociologists

Scholars who study the development, structure, and functioning of human society, as well as social problems and interactions within it.

Anthropologists

Scientists who study human societies, cultures, and their development over time.

Gestures

The ways in which people use their bodies to communicate without words; actions that have symbolic meaning.

Universal

Characterized by being applicable to all cases, situations, or individuals; globally accepted or relevant.