In 2010 the U

question 33

Multiple Choice

In 2010 the U.S.government was running a large deficit.Some were concerned that pressures might be put on the Federal Reserve to purchase government bonds to help the government finance this deficit.If the Fed were to buy government bonds to help the government finance its expenditures,then

• A)the price level would fall,so the value of money would fall.
• B)the price level would fall,so the value of money would rise.
• C)the price level would rise,so the value of money would fall.
• D)the price level would rise,so the value of money would rise.

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Definitions:

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal to emotion.

Positive Attitudes

A mental state involving positive feelings or beliefs about a person, object, or situation.

Slogans

Short, memorable phrases designed to encapsulate and promote the ideals, goals, or products of an entity.

Recency Effect

An effect that occurs when recently encountered information primarily influences attitudes (e.g., a commercial viewed just before shopping influences a shopper’s choices).