In 2012, Ben Bernanke Expressed Which Concern About Persistently High

question 93

Multiple Choice

In 2012, Ben Bernanke expressed which concern about persistently high unemployment?

• A)It would result in high inflation.
• B)It would result in structural damage to the economy that would last for years.
• C)It would never decline to desired levels.
• D)It would cost him his job.

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Definitions:

Sheepherders

Individuals or workers engaged in the care and management of sheep, often involving grazing, moving herds to new pastures, and ensuring their health and safety.

Supremacy

The state or condition of being superior to all others in authority, power, or status.

Social Positions

The status or rank that an individual holds within a society, often influenced by factors such as occupation, wealth, and family background.

African-Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa, historically subjected to slavery and discrimination but with a rich cultural heritage and significant contributions to American society.