In the 1960s and 1970s,the Primary Indicator of Monetary Policy

question 95

Multiple Choice

In the 1960s and 1970s,the primary indicator of monetary policy was

• A)movement of long-term interest rates.
• B)the growth rate of real government expenditures.
• C)the growth of the M1 money supply.
• D)changes in the nominal (dollar)size of budget deficits or surpluses.

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Definitions:

Psychotherapy

A form of treatment for mental health disorders that involves talking with a therapist to understand and change problematic thoughts and behaviors.

Major depressive disorder

A mental disorder characterized by a pervasive and persistent low mood that is accompanied by low self-esteem and by a loss of interest or pleasure in normally enjoyable activities.

Obsessive-Compulsive Disorder

A mental health disorder characterized by unreasonable thoughts and fears (obsessions) that lead to compulsive behaviors.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, mental and interpersonal control at the expense of flexibility, openness, and efficiency.