When the Fed Lowered Short-Term Interest Rates to near Zero

question 80

Multiple Choice

When the Fed lowered short-term interest rates to near zero but the policy didn't seem to stimulate the economy enough, the Fed in 2009 also began conducting the policy of expansive buying of bonds now known as:

• A) ZIRP (zero interest rate policy)
• B) QE (quantitative easing)
• C) Operation Twist
• D) Zero Lower Bound

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Definitions:

Ounces

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A technique of painting with pigments that are bound with a medium of drying oil, often linseed oil, which creates a lustrous texture and depth of color.

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An individual engaged in the study of art, typically at a college, university, or specialized art school.