Since 1970, the Fed Generally ________ the Interest Rate When

question 115

Multiple Choice

Since 1970, the Fed generally ________ the interest rate when inflation was ________.

• A) raised; high
• B) raised; low
• C) lowered; high
• D) The Fed has maintained a stable interest rate since 1970.

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Definitions:

Chemical Change

A process that transforms substances into different substances through the rearrangement of atoms.

Kinetic Energy

The energy that an object possesses due to its motion, dependent on the object's mass and velocity.

Ions

Atoms or molecules with a net electric charge due to the loss or gain of one or more electrons.

Molecules

The smallest unit of a chemical compound that can retain the chemical properties of the compound, consisting of one or more atoms bonded together.