Suppose the Federal Reserve Desires to Raise the Level of Planned

question 77

Multiple Choice

Suppose the Federal Reserve desires to raise the level of planned investment in the economy.It either has to hope that an improvement in business confidence shifts the rate-of-return line to the ________ ,or it has to take direct action by ________ the interest rate.

• A)right,raising
• B)right,lowering
• C)left,raising
• D)left,lowering

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Definitions:

Scots-Irish

People of Scottish and Irish descent, particularly those who emigrated to the American colonies in the 18th century, often settling in the Appalachian region.

Immigrant Group

A collective of people who have moved from their country of origin to another country, often to seek better opportunities or escape adverse conditions.

Indian Group

A collective reference to various ethnic groups native to the subcontinent of India.

Cherokee Nation

A Native American tribe originally located in the southeastern United States, known for its significant role in American history, including the tragic Trail of Tears.