In the Middle of 2009 __________;By February 2010 __________

Multiple Choice

In the middle of 2009 __________;by February 2010 __________.

A) over 8 million jobs were lost;short-run output bottomed out at over -6 percent
B) short-run output bottomed out at over -6 percent;over 8 million jobs were lost
C) inflation was 5 percent;the unemployment rate was 12 percent
D) the federal funds rate was 5 percent;it had fallen to 1 percent
E) unemployment fell to 8 percent;home sales were rising steadily