When the Federal Reserve Wishes To, in the Short Run

question 88

Multiple Choice

When the Federal Reserve wishes to, in the short run, increase real GDP it

• A)will increase the money supply by buying bonds.
• B)will increase the money supply by selling bonds.
• C)will decrease the money supply by selling bonds.
• D)has no policy options that will accomplish this.

Understand the concept of obedience and the factors that affect it.

Recognize the importance of situational influences on social behavior.

Identify the characteristics and dynamics of group behavior.

Understand the psychological mechanisms behind conformity and how cultural context impacts it.

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Definitions:

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a handbook used by healthcare professionals in the U.S. and other countries as the authoritative guide to the diagnosis of mental disorders.

Homosexuality

A sexual orientation characterized by an attraction to members of the same sex.

Disruptive Mood Dysregulation Disorder

A childhood condition marked by severe and recurrent temper outbursts that are disproportionate to the situation and an irritable or angry mood most of the time.

Bulimia Nervosa

An eating disorder characterized by binge eating followed by purging, such as vomiting or using laxatives, to prevent weight gain.