Question: KNOWLEDGE CHECK Here is the output gap in the U.S. in early 1975. What was likely the Fed interest rate policy? To maintain high interest

 KNOWLEDGE CHECK Here is the output gap in the U.S. inearly 1975. What was likely the Fed interest rate policy? To maintain

KNOWLEDGE CHECK Here is the output gap in the U.S. in early 1975. What was likely the Fed interest rate policy? To maintain high interest rates To maintain low interest rates To hike interest rates To cut interest rates Click to open/close chart. PREV SUBMIT

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