Multiple Choice
The Fed raised interest rates in 2004 and 2005.This implies,other things the same,that the Fed
A) increased the money supply because it was concerned about unemployment.
B) increased the money supply because it was concerned about inflation.
C) decreased the money supply because it was concerned about unemployment.
D) decreased the money supply because it was concerned about inflation.
Correct Answer:
Verified
Correct Answer:
Verified
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