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During the 1980s and 1990s, the Federal Reserve's Monetary Policy

Question 22

Multiple Choice

During the 1980s and 1990s, the Federal Reserve's monetary policy focused primarily on


A) keeping short-term interest rates low in order to stimulate real output and economic growth.
B) a variety of factors, such as unemployment and real GDP, resulting in variable inflation rates throughout this period.
C) keeping inflation low and the general price level relatively stable.
D) monetary expansion in order to reduce unemployment.

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