Prior to 2008,the Fed ____________ Interest on Any Reserves,so Banks

question 69

Multiple Choice

Prior to 2008,the Fed ____________ interest on any reserves,so banks ______________ financial incentive to create loans with their excess reserves.

• A) paid,had no
• B) did not pay,had no
• C) paid,had a
• D) did not pay; had a

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Definitions:

Developing Organism

Refers to an entity, typically a living being, in its stages of growth and maturation from conception to full development.

Embryo

Name for the developing organism from 2 weeks to 8 weeks after fertilization.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and personal beliefs.

Postconventional Level

A stage in Kohlberg's theory of moral development in which individuals make ethical decisions based on universal principles of justice that transcend their own personal or cultural preferences.