Macroeconomics 11th Edition by Stephen Slavin

Exercise 30

Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) Critics were afraid quantitative easing would cause inflation.
B) Quantitative easing has been going on for decades in the United States.
C) Quantitative easing is designed to encourage Americans to save more by raising interest rates.
D) Quantitative easing has resulted in the Fed buying nearly $1 trillion in assets.
E) There has not been any quantitative easing in the United States since the Great Depression.