If Unemployment Is the Major Problem in the Economy, Which

question 96

Multiple Choice

If unemployment is the major problem in the economy, which of the following would be an appropriate monetary policy response?

• A)decrease taxes
• B)decrease the discount rate
• C)sell government bonds
• D)all of the above
• E)A and B above

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Definitions:

Standard Deviation

A statistical measurement that quantifies the amount of variation or dispersion of a set of values, showing how much each value in the set differs from the mean.

Grade Equivalent

A measure that describes a student's performance in comparison to the average performance of students in a specific grade level.

Publisher Mean

A statistical metric that represents the average or mean score of all participants on a particular test as determined by the test's publisher.

Nominal Scale

A scale of measurement in which numbers are arbitrarily assigned to represent different categories or variables. The only math that can be applied to these numbers is calculation of the mode.