Multiple Choice
The Federal Reserve's policy to "lean against the wind" means that
A) when output is high, the Fed sets a high interest rate.
B) when price levels are high, the Fed sets a low interest rate.
C) when output is low, the Fed sets a high interest rate.
D) when price levels are low, the Fed sets a high interest rate.
Correct Answer:

Verified
Correct Answer:
Verified
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