When Reducing the Overnight Rate Was No Longer Seen as an Option

question 100

Multiple Choice

When reducing the overnight rate was no longer seen as an option to deal with the global recession, some central banks began

• A)reducing reserve ratios for commercial banks.
• B)quantatative easing.
• C)reducing tax rates.
• D)selling large quantities of government securities.
• E)destroying currency previously in circulation.

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Definitions:

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual.

Conscientiousness

An attribute of character involving being orderly, dependable, and deeply committed to obligations.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.