34) In an effort to address the troubled economy, ..."For the ninth time in just over a year, the Federal Reserve is expected to cut interest rates, quite possibly its last reduction in this downturn." Rates have not been this low "... since 2003, when the economy was growing at a snail's pace."

www.csmonitor.com, 10/28/2008

The "interest rates" the Fed is cutting is the ________.

A) nominal long-term interest rateB) reserve interest rate

C) Federal Funds rate

58) In January 2013 the Chinese government held approximately $1 trillion in U.S. government debt. The Chinese government accumulated such a large about of the U.S. government debt because for the past decade, the United States

A) has grown more rapidly than has the Chinese economy.

C) has imported more from China than it has exported to China.

D) has exported more to China than it has imported from China.

63) Unemployment insurance are payments made to unemployed workers. Typically workers are paid for no more than 26 weeks. In December 2012, the federal government passed legislation that would extend the payments to a maximum of 73 weeks. This extension is an example of

B) contractionary fiscal policy.

C) automatic fiscal policy.D) discretionary fiscal policy