The Fed Raised Interest Rates in 2004 and 2005

question 11

Multiple Choice

The Fed raised interest rates in 2004 and 2005.This implies,other things the same,that the Fed

• A)increased the money supply because it was concerned about unemployment.
• B)increased the money supply because it was concerned about inflation.
• C)decreased the money supply because it was concerned about unemployment.
• D)decreased the money supply because it was concerned about inflation.

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Definitions:

Prefrontal Lobotomies

A now-obsolete psychiatric treatment that involved cutting connections in the brain's prefrontal cortex, once used to treat mental disorders but often resulted in severe side effects.

Client-centered

Client-centered therapy is a psychological approach that emphasizes providing a supportive emotional environment where clients can achieve a greater understanding of themselves and can resolve their own problems.

Psychoanalysis

A therapeutic approach that focuses on exploring unconscious desires and conflicts as a method of treating psychological disorders.

Therapeutic Effectiveness

The degree to which a particular therapy or treatment achieves the intended health benefits for patients under usual conditions of clinical care.