When Good Weather Speeds the Check-Clearing Process,float Tends to ________

question 18

Multiple Choice

When good weather speeds the check-clearing process,float tends to ________ causing the Fed to initiate defensive open market ________.

• A)decrease;sales
• B)decrease;purchases
• C)increase;sales
• D)increase;purchases

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Definitions:

Innate

Something that is present from birth, not learned or acquired through experience.

Distal Stimulus

The actual object or event out in the world that you perceive, existing independently of your perception of it.

Chemical

A chemical is any basic substance that is used or produced in any chemical process, characterized by having a specific set of properties and composition.

Empiricist

An empiricist is someone who believes that knowledge comes primarily from sensory experience and observation.