In Response to the Severe Recession of 2008-2009, the Fed

question 173

Multiple Choice

In response to the severe recession of 2008-2009, the Fed

• A) expanded the monetary base and pushed  short-term interest rates sharply higher.
• B) reduced the size of the monetary base and pushed short-term interest rates sharply higher.
• C) more than doubled the size of the monetary base and pushed short-term interest rates  to near zero.
• D) more than doubled the size of the monetary base and pushed short-term interest rates to a historic high.

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Definitions:

Ischemic Stroke

A type of stroke caused by an obstruction within a blood vessel supplying blood to the brain.

Reticular Formation

A complex network of nerve pathways in the central nervous system that plays a key role in controlling arousal, wakefulness, and transitions between sleep and wakefulness.

Gray Matter

The regions of the brain and spinal cord that are made up primarily of neuronal cell bodies and synapses, crucial for processing and integrating information.

White Matter

White matter consists of myelinated axons in the brain and spinal cord that transmit signals quickly across different brain regions, facilitating communication within the nervous system.