Use the Following to Answer Questions

question 37

Multiple Choice

Use the following to answer questions
Figure: Understanding Expectation Theories
-(Figure: Understanding Expectation Theories) Assume the economy is at point c.According to the theory of adaptive expectations,if the Fed announces and then implements a contractionary policy,the economy will move from point c:

• A) to point a to point d.
• B) to point b to point d.
• C) directly to point d.
• D) to point a to point b.

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Definitions:

Discrete Output Module

An output module in PLCs and other control systems that deals with discrete (on/off) signals, controlling various devices based on program logic.

Analog Output Module

An output circuit that employs a digital-to-analog converter to convert a digital value, sent from the processor, to an analog value that will control a connected analog device.

Temporary Storage

A form of data storage used for holding information temporarily during the execution of programs, such as RAM (Random Access Memory).

RAM

Random Access Memory is a type of computer memory that can be accessed randomly to store data temporarily for quick access by a computer's processor.