In 2012,the Federal Reserve Announced It Would Hold the Federal

question 175

Multiple Choice

In 2012,the Federal Reserve announced it would hold the federal rates near 0 percent "at least through mid-2015." This policy attempted to shift the

• A) aggregate demand curve leftward.
• B) aggregate demand curve rightward.
• C) aggregate supply curve leftward.
• D) aggregate supply curve rightward.

---

Definitions:

Marketable Securities

Financial instruments that can be quickly converted into cash at a reasonable price.

Ledger Balance

The total balance of funds in an account at the beginning of each day, including all deposits and withdrawals that were posted from the previous night.

Collection Float

The time period between when a check is deposited into a bank account and when the amount is available to the account holder, reflecting the bank's processing time.

Marketable Securities

Financial instruments that can easily be converted to cash quickly at a reasonable price.