New Tools of Monetary Policy Created in 2008 Included

question 86

Multiple Choice

New tools of monetary policy created in 2008 included

• A)restoration of individual income tax rates to their pre-2001 levels.
• B)elimination of the requirement that banks hold reserves against deposits.
• C)open market purchases and sales of short-term U.S. government securities.
• D)Fed purchase of corporate paper and a new discount window for investment banks.

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Definitions:

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working alone.

Superiority Beliefs

The conviction held by an individual that they are better, more competent, or superior to others in certain aspects.

Superior Talent

Refers to individuals possessing exceptionally higher skills or abilities in a specific domain compared to their peers.

Organizational Context

The environment or setting within which an organization operates, including its policies, cultural norms, and management systems.