In Practice,the Fed's Policy of Targeting ________ in the 1960s

question 64

Multiple Choice

In practice,the Fed's policy of targeting ________ in the 1960s proved to be ________,destabilizing the economy.

• A)money market conditions;countercyclical
• B)money market conditions;procyclical
• C)monetary aggregates;countercyclical
• D)monetary aggregates;procyclical

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Definitions:

Temporary Insanity

A legal defense claiming that a defendant was incapable of understanding the nature of their actions due to a temporary state of mental instability.

Mental Imbalance

A state where there is a disruption or imbalance in an individual's emotional or mental stability.

Sternberg's Triangular

A theory proposing that love can be understood in terms of three components that form a triangle: intimacy, passion, and commitment.

Commitment

A conscious decision that remains constant.