Multiple Choice
Which of the following was a lesson from the 2007-2009 financial crisis?
A) The financial system needed more leverage in order to operate.
B) The job of stabilizing the economy should be assigned exclusively to monetary policy.
C) Monetary policy is finished once the Fed reduces the federal funds rate to zero.
D) The business cycle still exists.
Correct Answer:
Verified
Correct Answer:
Verified
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