When the Federal Reserve System Was Established in 1913,its Main

question 174

Multiple Choice

When the Federal Reserve System was established in 1913,its main policy goal was

• A)encouraging strong economic growth.
• B)promoting price stability.
• C)preventing bank panics.
• D)keeping employment high.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposing that people are motivated by five basic categories of needs: physiological, safety, love/belonging, esteem, and self-actualization, prioritized hierarchically.

Clothing

Items worn on the body to protect, cover, or adorn, often reflecting personal style or cultural practices.

Deficiency Needs

pertain to basic requirements for physical and psychological well-being, as identified in Maslow's hierarchy of needs, including safety, love, and self-esteem.

Growth Needs

Psychological desires that drive individuals to achieve personal expansion and progress.