Monetary Policy by the Fed Is Estimated to Take _____

question 70

Multiple Choice

Monetary policy by the Fed is estimated to take _____ to have an impact on the economy.

• A) 0 to 3 months
• B) 3 to 6 months
• C) 6 to 18 months
• D) 18 to 36 months

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Definitions:

Mary Cover Jones

An early psychologist known for her work on desensitization and counterconditioning, particularly in relation to overcoming fears.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Fear

An emotional response to perceived or real threats.

Discriminations

The unfair or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.