If the Fed Is Concerned with Recession It Will ________

question 120

Multiple Choice

If the Fed is concerned with recession it will ________ the federal funds rate in order to ________ aggregate demand.

• A) raise; increase
• B) lower; increase
• C) raise; decrease
• D) lower; decrease

---

Definitions:

Negotiable Promissory Note

A financial instrument that guarantees the payment of a specified amount of money, either on demand or at a set time, and is transferable to other parties.

Legal Status

Legal Status refers to the standing of an entity or individual within the law, determining their rights, duties, and liabilities.

Assignee

A person or organization that receives rights or interests from another party, referred to as the assignor.

Draft

A preliminary version of a document or plan that is subject to revision or editing.