In 2007, the Fed Raised Its Target Federal Funds Rate

question 243

True/False

In 2007, the Fed raised its target federal funds rate to prevent unemployment and a recession.

---

Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all living organisms and many viruses.

LGBT Teens

Lesbian, Gay, Bisexual, and Transgender adolescents who are in the process of understanding, accepting, and expressing their sexual orientation and gender identity.

Depression

A common and serious medical illness that negatively affects how one feels, the way one thinks, and how one acts, leading to feelings of sadness and a loss of interest in activities.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.