Describe the following measures of monetary policy the Fed used to fight the Great Recession starting in
Question:
Describe the following measures of monetary policy the Fed used to fight the Great Recession starting in 2007. What effect did they have on the U.S. economy?
a. Zero lower bound and forward guidance
b. Credit easing
c. Quantitative easing
d. Increased limit for coverage on deposits from \(\$ 100,000\) to \(\$ 250,000\)
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