Multiple Choice
The Federal Reserve undertook _____ rounds of quantitative easing (QE) after short-term interest rates were effectively lowered to 0%. The total value of all assets purchased over all rounds was _____.
A) 1; $1,425 billion
B) 2; $600 billion
C) 3; $3,725 billion
D) 4; $1,700 billion
Correct Answer:
Verified
Correct Answer:
Verified
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