"Banging the Gong" Means That the Fed

question 182

Multiple Choice

"Banging the gong" means that the Fed

• A)has lowered the discount rate and raised the fed funds target rate.
• B)has raised the discount rate and lowered the fed funds target rate.
• C)changes the discount rate and the fed funds target rate simultaneously.
• D)sells securities in the open market.

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Definitions:

Top and Center

Positioning an element at the top of its container or page, horizontally aligned in the center.

Position Button

A user interface element that allows users to control or specify the position of objects within a software application or document layout.

Align Button

A tool in software applications that aligns selected objects or text according to left, center, right, or justified formatting options.

Square Text Wrapping

A formatting option that allows text to flow around a graphic or image in a square pattern, ensuring that the image effectively integrates with the surrounding text.