As the financial crisis became more severe in 2008, the Federal Reserv

As the financial crisis became more severe in 2008, the Federal Reserve undertook a(n) ________ of monetary policy, an effect of which is to ________ inflation.

A) contraction; raise
B) easing; raise
C) contraction; lower
D) easing; lower
E) none of the above

 

ANSWER

B

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