One of the Functions of the Fed Is to Watch

question 93

True/False

One of the functions of the Fed is to watch the foreign exchange market and intervene if it considers exchange rates to be moving in undesirable ways.

---

Definitions:

Psychosexual Stages

Freud's theory of five developmental stages (oral, anal, phallic, latency, and genital) that children pass through, each characterized by sexual pleasure in parts of the body.

Last Stage

This can refer to the final phase in a process or sequence, such as the last stage of a life cycle, or the concluding part of a theatrical production.

Genital Stage

The final stage in Freud’s psychosexual stages; from puberty on, sexual urges are allowed back into consciousness and the individual moves toward adult social and sexual behavior.

Freudian Stages

A series of developmental stages that Sigmund Freud theorized children go through, each associated with a different area of pleasure.