Once a New Rule Is Adopted by the Fed, _____

question 44

Multiple Choice

Once a new rule is adopted by the Fed, _____

• A) they immediately pursue a passive policy.
• B) they use automatic stabilizers to implement it.
• C) that rule is followed until circumstances warrant a new rule.
• D) they take actions to offset their old rules.
• E) they blame politicians for having to adopt a new rule.

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Definitions:

Green-circle Rate

A situation in wage-setting where an employee's pay is below the minimum of the range set for their job class, often due to an anomaly or an exception in the salary structure.

Rank-and-file Adjustment

Changes or modifications made to the conditions or ranks of the general workforce, not the leadership or management.

Uniformed Services Employment and Reemployment Rights Act

A federal law that provides job protection and rights for military service members upon their return to civilian employment.

Fair Labor Standards Act

A United States law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week, among other protections for workers.