The Federal Reserve's response to the recession of 2007-2008 was a. Clearly effective in shortening the recession.

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The Federal Reserve's response to the recession of 2007-2008 was

a. Clearly effective in shortening the recession.

b. Quick but not obviously effective in shortening the recession.

c. Slow and subject to criticism for being rather timid.

d. Procyclicalin that it had precisely the opposite impact as intended.

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Issues in Economics Today

ISBN: 978-1259746390

8th edition

Authors: Robert C. Guell

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Question Posted: Apr 24, 2018 01:52 AM

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The Federal Reserve's response to the recession of 2007-2008 was a. Clearly effective in shortening the recession.

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b Quick but not obviously effective in shortening the ...View the full answer

Issues in Economics Today

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