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Sublight2097 Sublight2097
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9 years ago
Beginning in December 2007, the Fed began cutting the federal funds rate from 4.25% to less than 1%. During this time, it was engaged in ________ monetary policy in order to reduce the threat of a ________ in the US economy.
A) expansionary; stagflation
B) contractionary; stagflation
C) expansionary; recession
D) contractionary; recession
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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VincenzoDVincenzoD
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9 years ago
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Sublight2097 Author
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#2
9 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
3 years ago
Thanks brother
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