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valputin valputin
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8 years ago
When the financial crisis started in August 2007, inflation was rising and the Fed began an aggressive easing lowering of the federal funds rate, which indicated that
A) the Fed had an automatic negative response to inflation based on the Taylor rule.
B) the Fed pursued an autonomous monetary policy easing.
C) the Fed had an automatic positive response to inflation based on the Taylor rule.
D) the Fed pursued an autonomous monetary policy tightening.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
You're very welcome, valputin
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