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NYC NYC
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8 years ago
In 1981, some short-term interest rates in the United States exceeded 20%. In an attempt to reduce the interest rate, the Federal Reserve implemented:
A) strong expansionary policies.
B) a policy mix of easy monetary policy and expansionary fiscal policy.
C) strong contractionary monetary policies.
D) a policy mix of easy monetary policy and contractionary fiscal policy.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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8 years ago
Good answer, thanks.
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