Multiple Choice
If the Fed is concerned about a possible recession,it ________ the federal funds rate and,in response,long-term interest rates ________ by a ________ amount than the change in short-term rates.
A) raises;increase;larger
B) lowers;increase;smaller
C) raises;decrease;larger
D) lowers;decrease;smaller
E) raises;increase;smaller
Correct Answer:

Verified
Correct Answer:
Verified
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