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:

Software

Programs and operating information used by a computer to perform specific tasks or functions.

Examination Room

A room within a healthcare facility where patients are examined by medical professionals, typically equipped with medical supplies and diagnostic instruments.

Restocked

The process of replenishing inventory or supplies to their optimal or required levels.

Cleaned

The act of removing dirt, grime, or unwanted substances from an object or environment to ensure it is free from contamination.