As a member of the Federal Reserve Board, in an inflationary situation I would suggest a change in the federal funds rate that would be accomplished by raising the base interest rate of the US economy. This would make bonds more attractive and people would stop consuming to invest in public debt securities. In addition, raising interest rates would discourage credit, causing banks to lend less. Since inflation is a monetary phenomenon caused by the excess of currency in circulation, these measures would have a downward effect on inflation, as they reduce the amount of money in circulation in the economy.
Answer:
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Explanation:
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Answer:
Excluded when calculating GDP because they do not reflect current production.
Explanation:
Transfer payments such as medicare, social security, medicaid, unemployment benefits, and other welfare programs are not calculated in GDP because they do not represent government purchases of goods and services, or in other words, they do not reflect goods and services currently produced and purchased.
They are instead, resources that the government takes either in the form of taxes, debt, or money supply, and allocates, or transfers, to specific recipients.
Answer: Distortion
Explanation:
Distortion is the term which is basically refers to the change or the exaggeration about the products and the services information in the market by the producers then this perceptual processing is called as the distortion.
The market distortion is usually occur due to the inconsistent in the beliefs of the customers bu altering the given data or any type of information in the ideas, image and the thoughts.
According to the given question, the given perceptual process about the receive information by the customers is known as the distortion. Therefore, Distortion is the correct answer.
Option (A) is the appropriate choice. In the pay system, tuition reimbursement is regarded as a benefit.
<h3>Tuition Reimbursement: What is it?</h3>
Tuition compensation (also recognized as training assistance) is a worker advantage through which a corporation pays for a pre-determined amount of continuing schooling credits or university coursework to be applied towards a degree.
<h3>How significant is the compensation system?</h3>
The complete rewards that are offered to employees for their labor and other services to the company are included in the compensation system. In addition to indirect financial benefits, compensation also includes direct financial rewards.
It establishes a foundation for employee happiness and satisfaction, which lowers staff turnover and promotes organizational stability. It improves the job appraisal process, which in turn aids in establishing more reachable and realistic standards.
Learn more about tuition reimbursement here: brainly.com/question/11600567
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