The Main Responsibility of the Fed Is To

question 29

Multiple Choice

The main responsibility of The Fed is to:

• A)maintain an adequate supply of money.
• B)approve spending by Congress.
• C)set federal income tax rates.
• D)determine illegal business activities.
• E)maintain a balanced budget for the federal government.

---

Definitions:

Cross-Situational Consistency

The concept that an individual's behavior tends to be consistent across different situations and contexts.

Self-Fulfilling Tendencies

The phenomenon whereby a person's expectation or belief about a situation or themselves leads to its actualization or enactment.

Social Expectancies

Norms or beliefs about how people are supposed to behave in certain social situations, influencing interactions and perceptions.

Intellectual Expectancies

Preconceived standards or beliefs about intellectual abilities or outcomes that can influence behavior and performance.