Answer: Say the Federal Reserve decides to reduce interest rates to stimulate economic growth. They do this by purchasing government securities over the open market with newly created money. The bank will take this new money and lend it out (or purchase securities, it doesn't matter due to arbitrage). This has the effect of increasing the supply of loanable funds, pushing down the interest rate.
Now just because the interest rate is lowered does not mean that the expansionary monetary policy will have its desired effect immediately. Lower interest rates encourage borrowing, and increased borrowing can increase employment, GDP, etc. There is a lag between the reduction in interest rates and its effects on the real economy. People will not respond to the lower interest rates by borrowing and hiring immediately; the effect can take 1-2 years.
Explanation:
the government makes basic economic decisions
Complete Question: Laura picks up her phone one evening to find that the Microsoft help desk was calling. She had been having trouble with a slow running computer but hadn't yet contacted Microsoft to get help for the problem. She was so pleased to hear that they found her IP address online and found malware on her computer and they were calling all of their clients to remove it. Laura has previously been a victim of a phishing scheme so she was prepared not to give any information to the help desk just incase they weren't legitimate but they didn't ask for her credit card information or Social security number. She figured they were going to help.
The Microsoft Help desk has asked Laura to go to a website and verify her information she they can help fix her computer. She sees all of her information on that web page and she doesn’t have to give them any information. What type of crime has Laura become a victim of?
ANSWER; Laura has previously been a victim of Phishing scam.
A phishing scam is a fraudulent activity that involves keeping a false website or sending a false e-mail with the intent of masquerading as a trustworthy entity in order to acquire sensitive information, such as usernames, passwords, and credit card details.
Seeing all the details in the website made Laura remember her previous experience which was a phishing scam.
The answer to the question that you are seeking an answer to, is true.
