The High Growth Rates of Money in the Late 2000s

question 97

Multiple Choice

The high growth rates of money in the late 2000s is likely due to:

• A)the Fed not wanting to repeat mistakes made during the Great Depression.
• B)the rise in the overall price level.
• C)a rise in inflation expectations.
• D)the appointment of a new Fed chairman.
• E)prodding from the Bush and Obama administrations.

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