The Federal Reserve uses interest rates to help the economy maintain economic growth and curb inflation. The Federal Reserve kept interest rates low during 2000-2004 to encourage economic growth after the dot-com crash. The intended result was growth in real GDP, and a housing "boom" (also a "housing bubble")in the United States. What was the unintended consequence or outcome of this monetary policy?

Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion, gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job

Which term refers to the cost that motivates an economic decision

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner