During Which of the Following Periods Did the Fed Act

question 157

Multiple Choice

During which of the following periods did the Fed act effectively as a lender of last resort?

• A)the Panic of 1907
• B)at the outbreak of World War I
• C)the Crash of 1929
• D)the bank runs of the Great Depression
• E)the stock market crash of 1987

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Definitions:

Objective Attribution

Involves attributing someone's behavior to objective, situational factors outside of personal control, rather than to internal characteristics or motives.

Situational Attribution

The process of attributing a person's behavior to external factors, circumstances, or the environment rather than to internal personality traits.

Momma's Boy

A term often used to describe a man who has a very close and dependent relationship with his mother, beyond what is considered usual.

Actor-Observer Effect

The tendency to attribute one’s own behavior primarily to situational factors and the behavior of others primarily to dispositional factors.