In a Speech in November 2002, Former Chair of the Federal

question 38

Multiple Choice

In a speech in November 2002, former chair of the Federal Reserve Board Ben Bernanke suggested the possibility that, in an extreme economic crisis, the Federal Reserve (working in coordination with the U.S.government) , could

• A)print and loan enough money to finance a massive tax cut and economic stimulus.
• B)force businesses to increase spending in order to jump-start the economy.
• C)lower the unemployment rate through offering federal projects and job programs.
• D)lower the rate of inflation by selling stocks and bonds on the open market.

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Definitions:

Civil Servants

Employees of the government who are appointed or hired to implement public policy and provide services to the public.

Policy Advocates

Individuals or groups that actively seek to influence or change policies in alignment with specific goals or interests.

Non-Incumbent

An individual or party who is not currently holding or occupying a particular office or position, especially in the context of elections.

Name Recognition

The degree to which a person's or brand’s name is familiar to the public.