"Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and as a result, financial crisis became very severe, lasted essentially from 1929 to 1933."—Federal Reserve Chairman Ben Bernanke, interview for Time magazine, Dec. 8, 2009 Based on what you know, you can predict that Chairman Bernanke would have favored which of the following in response to the Great Depression?

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60