The Fed's Decision to Concentrate More on Interest Rates in Conducting

question 12

Multiple Choice

The Fed's decision to concentrate more on interest rates in conducting near-term monetary policy

• A)was the result of deregulation and innovation in financial markets.
• B)was necessitated by the inability to identify a stable demand for money.
• C)is sometimes misrepresented by the media as the Fed "setting" interest rates.
• D)all of the above.

---

Definitions:

Memes

Cultural elements that are transmitted by repetition and variation, often through social media and internet platforms.

Evolution

The procedure whereby diverse life forms are considered to have arisen and spread out from previous species over the course of earth's history.

Encephalization Quotient

A measure of brain size relative to body mass, used to estimate the intelligence or cognitive abilities of an animal.

Fruit Foraging

The activity of searching for and gathering wild fruits as a source of food.