In the 1980s,the Federal Government Gradually ________ Interest-Rate Ceiling on Deposits

question 5

Multiple Choice

In the 1980s,the federal government gradually ________ interest-rate ceiling on deposits at commercial banks and thrift institutions,which has ________ the costs of inflation.

• A)imposed,lowered
• B)imposed,reduced
• C)lifted,lowered
• D)lifted,reduced

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Definitions:

Autokinetic Effect

A visual perception phenomenon where a stationary point of light in a dark environment appears to move due to involuntary eye movements.

Relational Proposition

A statement that establishes a relationship between two or more concepts, often used to understand how individuals perceive relationships in the world.

Asch's Studies

A series of experiments that demonstrated the power of conformity in groups, where individuals often agreed with an incorrect answer to match the majority's view.

Conformity

The act of aligning one's attitudes, beliefs, or behaviors to group norms or expectations.