The FOMC Is Concerned About Inflation and Has ________ the Federal

question 26

Multiple Choice

The FOMC is concerned about inflation and has ________ the federal funds rate.Due to substitution effects,other ________ interest rates will ________ almost immediately.

• A)increased;short-term;increase
• B)decreased;long-term;decrease
• C)increased;long-term;increase
• D)increased;short-term;decrease
• E)decreased;short-term;decrease

---

Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Preconventional

A term from Kohlberg's stages of moral development referring to the earliest level, where moral understanding is based primarily on consequences and compliance with rules.

Moral Development

The process through which individuals develop an understanding of right and wrong, evolving through stages of moral reasoning.

Conventional

Pertaining to commonly accepted norms or standards.