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

KNOWLEDGE CHECK Here is the output gap in the US. 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.

KNOWLEDGE CHECK Here is the output gap in the US. 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.

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