Federal Reserve Increases in the Federal Funds Rate in 2005

question 87

Multiple Choice

Federal Reserve increases in the Federal Funds rate in 2005 had little immediate impact upon the overheated housing market, because

• A)long-term interest increased as short-term interest rates increased.
• B)long-term interest rates and short-term interest rates do not always move in lockstep.
• C)the yield curve became more steeply upward-sloping.
• D)all of the options are correct.

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A stage in Piaget's theory of cognitive development where children aged 7 to 11 begin to think logically about concrete events but have difficulty understanding abstract or hypothetical concepts.

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