The Consensus Reached in the Late 1990s Was That from the 1980s

Multiple Choice

The consensus reached in the late 1990s was that from the 1980s onward the Fed had been

A) quicker to stimulate or restrain the economy when its output fell short of or exceeded its natural level.
B) quicker to stimulate the economy when output fell short of the natural level,but slower to do so when output exceeded the natural level.
C) slower to stimulate the economy when output fell short of the natural level,but quicker to do so when output exceeded its natural level.
D) slower to stimulate or restrain the economy when its output fell short of or exceeded its natural level.