Which of the Following Is a Way in Which the Federal

question 36

Multiple Choice

Which of the following is a way in which the Federal Reserve System can influence the economy?

• A)Raising income taxes
• B)Cutting government spending on Social Security and Medicare
• C)Directly changing the mortgage rate that private lenders charge borrowers for home loans
• D)Entering trade agreements with foreign countries
• E)Changing interest rates banks must pay for borrowing money

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Definitions:

Occurrences

Instances or events that happen, often counted in statistical analyses to measure frequency; not specifically a key term without context, thus NO.

Observations

The recorded data or measurements obtained during an experiment or study.

Chi-square Test

A statistical test used to determine whether there is a significant association between two categorical variables.

Expected

A term often used in statistics and probability, referring to the predicted outcome or value in an experiment or random event.