In One of His Weekly Broadcasts, the Federal Reserve Chairman

question 145

Multiple Choice

In one of his weekly broadcasts, the Federal Reserve Chairman remarked that inflation had begun to tick upward. However, unemployment in the U.S was still quite high and economic growth had slowed. With short-term interest rates close to 0 (zero) , the Chair did not visualize that ____________ policy would be able to do anything for the high unemployment problem. He felt that _______ policy would be more useful for bolstering employment, but that would require local and state governments and the federal government to provide tax breaks for corporations?

• A) federal; State
• B) fiscal; Monetary
• C) monetary; Fiscal
• D) fiscal; Federal

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Definitions:

Background Information

Provides context and necessary details for understanding the main content or subject matter.

Extrinsic Motivator

An external reward or incentive, such as money or recognition, that motivates individuals to perform a task.

Getting Promoted

The action of being elevated to a higher rank or position within an organization, typically as recognition for performance or potential.

Appraisal

The process of evaluating the performance, value, or condition of something, often for the purposes of making decisions based on its status.