Which Statement Is True

question 233

Multiple Choice

Which statement is true?

• A)Open market operations are carried out by the President and Congress.
• B)The rate of growth of our money supply is set by law.
• C)The most powerful policy weapon of the Federal Reserve is raising and lowering the discount rate.
• D)The President's appointment of the chairman of the Federal Reserve must be approved by Congress.

---

Definitions:

Transtheoretical Model

A psychological framework that analyzes an individual's readiness to change and identifies stages of change to address a variety of behaviors.

Problem-Focused Coping

Coping mechanisms that aim directly at mitigating or solving a stressor rather than solely managing emotional responses to the stressor.

Emotion-Focused Coping

A coping strategy that involves managing or reducing the emotional distress associated with a situation.

Subjective Probability

An individual's personal estimation or belief about how likely an event is to occur.