As the Fed Shifted to a Highly Expansionary Monetary Policy

question 39

Multiple Choice

As the Fed shifted to a highly expansionary monetary policy during the second half of 2008, why were banks reluctant to extend loans and make investments?

• A) Banks did not have enough excess reserves to extend loans and make investments.
• B) The demand for loans was weak and the business climate was uncertain.
• C) The rate of return on short-term investments was high, so banks were reluctant to make long-term investments.
• D) The interest rate that the Fed pays on excess reserves was maintained at a high rate.

Distinguish between biases, discrimination, and stereotypes.

Understand the global competition's impact on workplace discrimination.

Know the legal frameworks that combat workplace discrimination.

Identify the psychological and social sources of prejudice.

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Definitions:

ANOVA

Short for Analysis of Variance, a statistical method used to test differences between two or more means.

F Statistic

A value derived from ANOVA tests used to determine whether the variances between multiple groups are significantly different.

One-way ANOVA

A statistical examination aimed at finding out whether significant disparities exist among the averages of three or more distinct groups.

Null Hypotheses

A statement used in statistical testing that assumes no effect or no difference between groups or variables, serving as the default statement to be tested against.