In November 2008,the Fed Began Its First Round of Quantitative

question 223

Multiple Choice

In November 2008,the Fed began its first round of quantitative easing.In total,the Fed conducted ________ rounds of quantitative easing before ending the program in October 2014.

• A)2
• B)3
• C)4
• D)5

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Definitions:

Payment In Full

A payment that settles a debt or obligation completely, leaving no remaining balance or outstanding dues.

Accepted Check

An accepted check is a check that the drawee bank has certified as good for payment, ensuring the availability of funds when presented.

Output Contract

An agreement in which a seller agrees to sell and a buyer agrees to buy all the output that a producer produces, without specifying exact quantities.

Manufacturers

Entities involved in the process of converting raw materials into finished products through various means, including physical, labor-intensive, or mechanical processes.