If the Fed Is Concerned About a Possible Recession,it ________

question 113

Multiple Choice

If the Fed is concerned about a possible recession,it ________ the federal funds rate,which ________ the quantity of money and ________ the amount of bank loans.

• A)raises;decreases;decreases
• B)lowers;decreases;decreases
• C)lowers;increases;decreases
• D)raises;increases;increases
• E)lowers;increases;increases

---

Definitions:

Phrenologists

Practitioners of phrenology, a now-discredited theory that linked the shape of an individual's skull with their personality traits and mental abilities.

Theory Of Phrenology

A now-discredited theory that proposed the shape and size of the skull could determine a person's character and mental abilities.

Science

A systematic enterprise that builds and organizes knowledge in the form of testable explanations and predictions about the universe.

Wilhelm Wundt

A German physician, physiologist, and philosopher, widely considered the father of experimental psychology, who founded the first formal laboratory for psychological research.