Which of the following statements is true with regard to the Fed's response to the economic crisis of 2008?
a. Although the Fed lowered its interest rates to nearly zero, there are other actions it can take to improve the economy.
b. Because the Fed lowered its interest rates to nearly zero, there are no other actions it can take to improve the economy.
c. Since the Fed did not lower its interest rates to near zero, there are still other actions it can take to improve the economy.
d. none of the above
a
You might also like to view...
The United States economy has achieved the target rate of unemployment, as set by the Full Employment and Balanced Growth Act (1978), for most years over the last few decades
a. True b. False
"More people purchase chap stick when the weather man announces that we are in for a very windy week." This statement implies that:
A. buying Chap Stick is positively correlated with the announcement of a windy week. B. the weather man is getting a kickback from the makers of Chap Stick. C. people plan on kissing more on windy days. D. buying Chap Stick causes it to be windy.