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During the Economic Crisis of 2008-10, Efforts to Keep Inflation

Question 150

Multiple Choice

During the economic crisis of 2008-10, efforts to keep inflation pinned at 2%:


A) made things more difficult, since nominal interest rates cannot fall below zero.
B) made things more difficult, since nominal interest rates cannot rise above zero.
C) made things easier, since nominal interest rates cannot fall below zero.
D) made things easier, since nominal interest rates cannot rise above zero.

Correct Answer:

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