Statement I: Easy Money Tends to Make Our Exports Cheaper

question 341

Multiple Choice

Statement I: Easy money tends to make our exports cheaper and our imports more expensive.
Statement II: The Fed was able to help end the recessions of 1980 and 1981 by relaxing credit and driving down interest rates.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

---

Definitions:

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, leading to significant impairment in daily life.

Activity Scheduling

A cognitive-behavioral therapy technique involving the planning of positive activities to increase a person's engagement and enjoyment.

Behavioural Experiments

Techniques in cognitive-behavioral therapy where individuals test the validity of their beliefs through experimentation.

Suicide Rates

The number of suicides occurring within a given population and time period, often expressed per 100,000 individuals.