Which of the Following Is True About the Federal Reserve

question 129

Multiple Choice

Which of the following is true about the Federal Reserve and its ability to prevent recessions? The Federal Reserve

• A)does not try to eliminate recessions,but instead focuses on preventing inflation.
• B)can fine tune the economy and realistically hope to keep the economy from experiencing recessions.
• C)cannot realistically fine tune the economy,but seeks to keep recessions shorter and milder than they would otherwise be.
• D)cannot realistically fine tune the economy and has little to no effect on the magnitude and length of recessions.

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Definitions:

Moral Orientation

An individual's inherent or learned disposition towards understanding, interpreting, and acting upon moral issues.

Care

Delivering the essentials for ensuring the health, welfare, upkeep, and safety of a person or entity.

Justice

The ethical principle that requires that risks and benefits of research participation must be spread equitably across individuals and groups.

Postconventional Moral Reasoning

Kohlberg’s third level of moral reasoning emphasizing autonomous decision-making based on principles such as valuing human dignity.