Which of the Following Are Policy Instruments Available to the Fed

question 50

Multiple Choice

Which of the following are policy instruments available to the Fed as it tries to achieve its macroeconomic goals?
i. government expenditure on goods and services and taxes
ii. the government budget deficit or surplus
iii. changes in the federal funds rate

• A) i and ii
• B) iii only
• C) i and iii
• D) ii and iii
• E) ii only

Explain the impact of group size, unanimity, and expertise on individual behavior.

Understand the role of cultural pressures in shaping consumer behavior.

Grasp the significance of social comparison in consumer self-evaluation and decision-making.

Appreciate the effect of social cognition phenomena like the frequency illusion on consumer preferences.

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Definitions:

Medical Practice

The profession or activity of providing healthcare services, including diagnosis, treatment, and prevention of diseases.

Urinary Retention

Retention of urine in the bladder; condition frequently caused by a temporary loss of muscle function.

Impaired Swallowing

Difficulty or inability to swallow properly, which may interfere with eating and drinking.

Hemorrhage

Excessive bleeding or the escape of blood from a ruptured blood vessel, either internally or externally.