The Fed Raised Interest Rates in 2004 and 2005

question 11

Multiple Choice

The Fed raised interest rates in 2004 and 2005.This implies,other things the same,that the Fed

• A)increased the money supply because it was concerned about unemployment.
• B)increased the money supply because it was concerned about inflation.
• C)decreased the money supply because it was concerned about unemployment.
• D)decreased the money supply because it was concerned about inflation.

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Definitions:

Durham Rule

A legal standard used to determine a defendant's criminal responsibility, stating that an accused is not criminally responsible if their unlawful act was the product of mental disease or defect.

Durham v. United States

A landmark court case that altered the criteria for determining criminal insanity in the United States, focusing on the accused's mental state at the time of the offense.

Temporary Insanity

A legal defense argument that a person was incapable of understanding the nature of their actions or distinguishing right from wrong due to a temporary mental state.

Act of Self-Defense

A legal defense that justifies the use of force by one individual against another under threat of harm.