In 2008, at the Depth of the Great Recession, the Fed

question 292

Multiple Choice

In 2008, at the depth of the Great Recession, the Fed moved toward a ZIRP when it aimed to keep the Federal funds rate between

• A) 2.5 percent and 3.0 percent.
• B) 2 percent and 2.5 percent.
• C) 1.0 percent and 1.25 percent.
• D) 0 and 0.25 percent.

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Definitions:

CD-ROM

A type of drive that cannot write to a disc.

Storage

The component of a computer or device where data is held in the medium term or long term, spanning from traditional hard drives to modern solid-state drives and cloud storage services.

Tethering

The practice of connecting one device to another (often a mobile phone to a computer) to share the mobile device's internet connection with the connected device.

Internet Connection

A means of connecting a computer or other device to the World Wide Web, enabling access to websites, online services, and other devices connected to the internet.