In Response to Already Low Interest Rates Doing Little to Stimulate

question 185

Multiple Choice

In response to already low interest rates doing little to stimulate the economy,the Fed announced a new program in September 2011 under which it would purchase long-term Treasury securities while selling an equal amount of shorter-term Treasury securities.This policy was known as

• A)inflation targeting.
• B)Operation Twist.
• C)securities-bubble deflating.
• D)quantitative easing.

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