Multiple Choice
In January of 2006, the Federal Reserve
A) increased its target federal funds rate by a larger amount than it had in several years.
B) increased its target federal funds rate by a smaller amount than it had in several years.
C) increased its target federal funds rate by the same amount as it had in recent years.
D) left its target federal funds rate unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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