Which of the Following Statements About Fed Management of the Money

question 63

Multiple Choice

Which of the following statements about Fed management of the money supply is correct?

• A)Over the past thirty years, the Fed has always stayed within its pre-announced target rates for growth in M2.
• B)The most common tool used by the Fed is a change in the required ratio of reserves to deposits.
• C)The rate at which the Fed lends money to banks is called the "Federal Funds rate."
• D)The Fed must report each week to Congress on the conduct of monetary policy.
• E) none of the above

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Definitions:

Schizophrenogenic Mother

A now discredited theory suggesting that a cold and rejecting mother could cause schizophrenia in her child.

Frieda Fromm-Reichmann

A psychoanalyst known for her groundbreaking work in the treatment of schizophrenia and her concept of "the schizophrenogenic mother."

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Sociocultural Therapist

A mental health professional who incorporates sociocultural factors, including societal norms and cultural backgrounds, into the treatment of psychological disorders.