Author Question: The Fed acted aggressively in lowering the interest rate during the recession(s) of (Read 119 times)

gonzo233 · **on:** Apr 19, 2019

Question 1

Since 1970, the Fed generally ________ the interest rate when inflation was ________.

◦ raised; high
◦ raised; low
◦ lowered; high
◦ The Fed has maintained a stable interest rate since 1970.

Question 2

The Fed acted aggressively in lowering the interest rate during the recession(s) of

◦ 1974-1975 and 1980-1982.
◦ 1974-1975 and 2008-2009.
◦ 1990-1991, 2001, and 2008-2009.
◦ 1980-1982, 1990-1991, and 2008-2009.

macybarnes · **Reply #1 on:** Apr 19, 2019

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gonzo233 · **Reply #2 on:** Apr 19, 2019

Thank you!

macybarnes · **Reply #3 on:** Apr 19, 2019

Always glad to help...