Multiple Choice
Which of the following did the Fed do during the recession of 2008-2009?
A) lowered the federal funds rate and sold securities and loans
B) lowered the federal funds rate and purchased securities and loans
C) raised the federal funds rate and sold securities and loans
D) raised the federal funds rate and purchased securities and loans
Correct Answer:

Verified
Correct Answer:
Verified
Q107: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q108: The short-run effects of an increase in
Q109: In which case can we be sure
Q110: Which of the following would increase output
Q111: The long-run effect of an increase in
Q113: Suppose that during World War II the
Q114: Imagine the U.S.economy is in long-run equilibrium.Then
Q115: If output is above its natural rate,then
Q116: Suppose that there is an increase in
Q117: Changes in the price of oil<br>A)can only