In 2005 and 2006, Because of Fears of Inflation, the Fed

question 23

Multiple Choice

In 2005 and 2006, because of fears of inflation, the Fed:

• A)​increased interest rates which lead to higher monthly payments on fixed rate mortgages.
• B)​increased interest rates which lead to higher monthly payments on adjustable rate mortgages.
• C)​decreased interest rates which lead to higher monthly payments on fixed rate mortgages.
• D)​decreased interest rates which lead to higher monthly payments on adjustable rate mortgages.

---

Definitions:

Big Five

A model of personality that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Kindness

The quality of being friendly, generous, and considerate.

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly.

Eating Disorder

Psychological disorders characterized by abnormal or disturbed eating habits, such as anorexia nervosa, bulimia nervosa, and binge-eating disorder.