Twenty-Four Months After a 1 Percentage Point Increase in the Short-Term

question 17

Multiple Choice

Twenty-four months after a 1 percentage point increase in the short-term (Treasury bill) interest rate,real GDP have fallen by about ________ in 1961-75,by ________ during 1976-1990,and by ________ during 1991-2007 period.88-2004.

• A)2%,1%,3%
• B)0.1%,2%,1.8%
• C)1.8%,0.9%,0.2%
• D)0.2%,0.1%,0.9%

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Definitions:

Enriched Education

An educational approach that aims to provide students with experiences above and beyond the standard curriculum, often including more interactive, hands-on learning activities.

Disadvantaged

Lacking in the necessary resources, qualities, or conditions for success or development compared to others in a society.

Heritability

A measure in genetics that indicates how much of the variation in a trait in a population can be attributed to genetic differences among individuals within that population.

IQ

An intelligence quotient, a measure of a person's cognitive abilities compared to the population, usually determined by standardized tests.