Quantitative easing directly affects

	A.	the longer end of the yield curve
	B.	the foreign exchange market
	C.	the shorter end of the yield curve
	D.	the federal funds market

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The investment bank Bears Stearns failed because

	A.	its funding via overnight loans largely disappeared
	B.	its speculative stock market positions proved very unprofitable
	C.	T he FDIC closed Bears Stearns
	D.	its speculative bond market positions proved very unprofitable

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A defined benefit pension plan __________ than a defined contribution pension plan.

	A.	is usually more risky
	B.	can have a value that is either greater than or less
	C.	is always more valuable
	D.	is always less valuable

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n normal times and in recent years, the primary indicator of the Feds stance on monetary policy is

	A.	the growth rate of the monetary base.
	B.	the growth rate of M2.
	C.	the federal funds rate.
	D.	the discount rate.