If the Fed Has Announced That It Plans on Increasing

question 355

Multiple Choice

If the Fed has announced that it plans on increasing the interest rate it will

• A) engage in expansionary open market operations, thereby decreasing the money supply.
• B) engage in expansionary open market operations, thereby increasing the money supply.
• C) engage in contractionary open market operations, thereby decreasing the money supply.
• D) engage in contractionary open market operations, thereby increasing the money supply.

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Definitions:

Allelic Form

Variations of a gene that occur in the same place on a chromosome.

Recessive Allele

An allele that produces its characteristic phenotype only when its paired allele is identical.

Dominant Allele

A dominant allele is one version of a gene that masks the presence of a recessive allele in the pair, meaning the trait it represents is expressed even when only one copy is present.

Codominance

A genetic scenario where two alleles of a gene are expressed equally in the phenotype of the organism, neither being recessive to the other.