The Federal Reserve conducted the policy of quantitative easing primarily when
A) the interest rate was very sensitive to the change in the money supply.
B) the interest rate was close to zero.
C) the interest rate was relatively high.
D) the interest rate was too erratic to be controlled.
B
Economics
You might also like to view...
For a given amount of total reserves, a decrease in required reserves causes an increase in excess reserves.
a. true b. false
Economics
Dynamic tax analysis assumes that
A) an increase in a tax rate may lead to a decrease in the tax base. B) an increase in a tax rate will lead to an increase in the tax base. C) an increase in a tax rate will leave the tax base unchanged. D) the tax base will always remain unchanged.
Economics