When the Federal Reserve System Was Established in 1913,its Main

question 174

Multiple Choice

When the Federal Reserve System was established in 1913,its main policy goal was

• A)encouraging strong economic growth.
• B)promoting price stability.
• C)preventing bank panics.
• D)keeping employment high.

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Definitions:

Met Needs

Refers to needs that have been satisfied, usually pertaining to the basic physical or psychological desires of an individual.

Incentive

A stimulus or reward that motivates or encourages an individual to perform an action or exhibit a specific behavior.

Drive Reduction

A motivational theory that posits that people are motivated to take actions that reduce psychological needs and maintain homeostasis.

Instinctive

Pertains to the inherent inclinations and responses that organisms are born with.