According to the textbook, when recession threatens, how does the Fed typically respond?
a. by expanding the money supply and lowering interest rates
b. by raising the discount rate and thereby the cost of borrowing by banks
c. by raising the prices of certain products in the marketplace
d. by raising the reserve requirement of banks and thereby reducing the amount of money they have to loan out
Answer: a
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A researcher is designing a study on the effects of TV on the IQs of 9-12 year old children. The IQ test he is using was designed to measure IQs in adults. This is an example of a(n) ________ problem
A) internal consistency reliability B) construct validity C) test-retest reliability D) effective range
Rather than granting broad powers, the legislative article of the Texas Constitution emphasizes the specific actions the legislature may not take
Indicate whether the statement is true or false