In 2009, QE1 Involved

question 62

Multiple Choice

In 2009, QE1 involved

• A)cutting some interest rates to below zero.
• B)the bailing out of major banks.
• C)the federal government's increased spending and tax cuts.
• D)the Fed's purchase of mortgage backed and long-term government securities.
• E)no action.

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Definitions:

Algorithm

A step-by-step procedure or formula for solving a problem or completing a task, often used in mathematics and computer science.

Complex Anagram

A puzzle where a word or phrase is formed by rearranging the letters of a different word or phrase, often requiring cognitive effort to solve due to its complexity.

Systematically

In a methodical and organized manner, following a fixed plan or system.

Using Analogies

The process of understanding or explaining something by comparing it to something else that is more familiar or simpler to understand.