Multiple Choice
The "quantitative easing" policies of the Fed during, and following, the financial crisis of 2008-2009, resulted in
A) rapid growth of both the money supply and nominal GDP.
B) rapid growth of the money supply and a substantial increase in the rate of inflation.
C) low interest rates and a sharp decline in the velocity of the money supply.
D) low interest rates and a sharp increase in the velocity of the money supply.
Correct Answer:

Verified
Correct Answer:
Verified
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