Sen. Tillis Says Fed Made Mistake in December, Defers to Trump on Powell Demotion
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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main reason for the pressure on the Market Committee to cut rates?
To stabilize the currency
To increase inflation
To accommodate market and presidential expectations
To decrease unemployment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the potential need for a rate cut suggest about the economy?
The economy is stronger than expected
The economy is weaker than anticipated
The economy is unaffected by tariffs
The economy is growing rapidly
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor is NOT mentioned as influencing economic conditions?
Weather conditions
Tax cuts
Tariff issues
Trade discussions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the concern regarding the independence of the Fed?
The Fed is too independent
The Fed is not making any decisions
The President should not express his views
The President's influence might compromise its independence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What legal action was considered regarding the Fed chairman?
Promoting him to a higher position
Demoting him to a board member
Removing him from the board
Increasing his salary
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