The Fed Was the Only Major Central Bank That Had

question 6

True/False

The Fed was the only major central bank that had to go beyond using the traditional tools of monetary policy to deal with the 2007-2008 financial crisis.

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Definitions:

Infant Mortality Rate

is the number of deaths of infants under one year old per 1,000 live births in a given year.

Age-Adjusted

A statistical process used to compare two or more populations at one point in time or one population over time after factoring out the influence of age.

Direct Adjustment

A statistical method used to eliminate the effects of confounding variables by standardizing to a common distribution.

Indirect Adjustment

A statistical method used to control or modify the effects of confounding variables on a primary relationship of interest by applying correction factors derived from external data.