Why Did the Monetary Base Increase Rapidly During the Economic

question 109

Multiple Choice

Why did the monetary base increase rapidly during the economic crisis of 2008?

• A) The Fed purchased more assets and extended more loans.
• B) The Fed sold financial assets and extended fewer loans.
• C) The Fed purchased more assets, but extended fewer loans.
• D) The Fed sold financial assets, but extended more loans.

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Definitions:

Behaviourist Analysis

An approach to psychology focusing on observable behaviors and the ways they're learned, rather than on internal mental states.

Stimulus and Response

The process by which an external stimulus produces a reaction or response in an organism.

First Experimental Laboratory

The facility established by Wilhelm Wundt in 1879 in Leipzig, Germany, marking the formal beginning of psychology as an experimental science.

James Baldwin

An American novelist, playwright, and activist known for his works on racial, sexual, and class distinctions in Western societies.