Federal Reserve Banks directly affect the national economy by Which of the following circumstances usually comes before a period of economic contraction? Question 2 (Multiple Choice Worth 5 points) [04.05 HC] Which are more popular with citizens, contractionary or expansionary government actions, and why? Question 3 (Multiple Choice Worth 5 points) [04.04 MC] Lowering the discount rate can promote full employment because Question 4 (Multiple Choice Worth 5 points) [04.01 MC] Inflation is low but the unemployment rate is the highest seen in several years. Economists report signs that show in six months the economy is likely to improve. The economy is likely in Question 5 (Multiple Choice Worth 5 points) [04.02 MC] Why do governments regulate natural monopolies? Question 6 (Multiple Choice Worth 5 points) [04.05 MC] How does the U.S. government slow economic growth? Question 7 (Multiple Choice Worth 5 points) [04.02 LC] Some products are produced most efficiently when there is a single supplier. What is this called? .