In Response to Already Low Interest Rates Doing Little to Stimulate

question 267

Multiple Choice

In response to already low interest rates doing little to stimulate the economy,the Fed began buying 10-year Treasury notes and certain mortgage-backed securities to keep interest rates low.This policy is known as

• A)inflation targeting.
• B)contractionary monetary policy.
• C)securities-bubble deflating.
• D)quantitative easing.

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Definitions:

Raw Materials Inventory

The total cost of all components that are intended to be used in the production of a product but have not yet been used.

Schedule Of Cost

A detailed statement summarizing the costs associated with production or a specific project.

Goods Manufactured

The completed items that are ready for sale or use, produced by a manufacturing process during a specific accounting period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net profit or loss.