In 2009, QE1 Involved

question 62

Multiple Choice

In 2009, QE1 involved

• A)cutting some interest rates to below zero.
• B)the bailing out of major banks.
• C)the federal government's increased spending and tax cuts.
• D)the Fed's purchase of mortgage backed and long-term government securities.
• E)no action.

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Definitions:

Problem-solving Mentality

An approach or mindset focused on identifying solutions to problems or overcoming obstacles effectively.

Restraining Forces

Factors that resist or counteract change, preventing movement towards a desired state or objective.

Resistance Change

The opposition or pushback by individuals or groups within an organization against changes in processes, systems, or culture.

Process Forces

The dynamic elements within group interactions that contribute to the method of how tasks are approached, such as communication and decision-making protocols.