At the End of 2013, the Fed Was Buying About

question 185

Multiple Choice

At the end of 2013, the Fed was buying about $100 billion of securities per month, a much higher amount than normal. These purchases would ________ the value of the dollar on foreign exchange markets thereby ________ U.S. exports.

• A) raise; increasing
• B) raise; decreasing
• C) lower; increasing
• D) lower; decreasing

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Definitions:

Liable in Tort

Legal responsibility arising from a civil case in which harm has been caused to an individual or property.

Intoxicated Person

An individual whose normal capacity to act or make decisions is significantly impaired due to the consumption of alcohol or drugs.

Mentally Ill

A broad term covering a range of mental health conditions that affect mood, thinking, and behavior.

Contractual Capacity

The legal ability of a party to enter into a contract, often considered in terms of age, mental competency, and similar factors.