The Purpose of the Commitment by the Fed to Keep

question 101

Multiple Choice

The purpose of the commitment by the Fed to keep the federal funds rate at zero for a long period of time is to

• A)lower the long term interest rates.
• B)lower the short term interest rates.
• C)increase the long term interest rates.
• D)increase the short term interest rates.

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Definitions:

Self-View

The perception or conception that one has of oneself, including beliefs and feelings about one's attributes and identity.

Schematic

Relating to or representing a scheme or diagram; in cognitive science, refers to a mental structure that represents some aspect of the world or a process for organizing information and beliefs.

Aschematic

Referring to a lack of schemas, or organized patterns of thought, about a particular domain.

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