In 2007,the Fed Began Using an Additional Monetary Policy Tool

question 148

True/False

In 2007,the Fed began using an additional monetary policy tool called the term auction facility program.

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Definitions:

Kraepelin

Emil Kraepelin was a German psychiatrist who made significant contributions to the classification of mental disorders.

Mental Disorders

Disorders characterized by significant disturbance in a person's cognition, emotional regulation, or behavior, indicative of a psychological or biological dysfunction.

Sakel

Refers to Manfred Sakel, a psychiatrist known for introducing insulin coma therapy as a treatment for schizophrenia in the 1930s.

Induce Coma

A medically induced state of deep unconsciousness used to protect the brain during major medical procedures or in response to severe illness.