Based on the Information in the Table, We Can Conclude

question 60

Multiple Choice

Based on the information in the table, we can conclude that, in 1932, each of the following events occurred except:

• A) The public increased the amount of currency it held.
• B) Banks were keeping more of their deposits in reserves, and making fewer loans.
• C) The Federal Reserve conducted open-market sales of U.S. government bonds.
• D) The Federal Reserve injected reserves into the banking system.

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Definitions:

Conditioned Response

A learned reaction to a conditioned stimulus that occurs because of previous conditioning, an essential concept in classical conditioning theories.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally triggers a response without the need for prior learning.

Conditioned Response

A learned reaction to a previously neutral stimulus, achieved through repeated association with an unconditioned stimulus.