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In 2003-2004,the Fed Kept the Federal Funds Rate

Question 82

Multiple Choice

In 2003-2004,the Fed kept the Federal Funds rate:


A) low,because the recession had not ended yet.
B) low,even though the recession had ended.
C) high,because the recession had ended.
D) high,because the recession had not ended yet.

Correct Answer:

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