Quantitative easing in 2009 and 2010 was criticized for its likely effect on
A)bringing down GDP growth.
B)raising the unemployment rate further.
C)causing high inflation.
D)raising the value of the U.S.dollar against other currencies.
E)lowering interest rates further.

Question

Quizplus · Accepted Answer

Quantitative easing involves the injection of large amounts of money into the economy, which can lead to high inflation. Therefore, it was criticized for potentially causing high inflation.

Quantitative Easing in 2009 and 2010 Was Criticized for Its