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    Exam 30: Financial Crises, Panics, and Unconventional Monetary Policy
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    The Fed Followed a Precommitment Policy When It Promised to Keep
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The Fed Followed a Precommitment Policy When It Promised to Keep

Question 76

Question 76

True/False

The Fed followed a precommitment policy when it promised to keep short-term interest rates low for a period of time after the 2008/09 U.S. recession.

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