In the USA, the Federal Reserve Bank maintained low interest rates for much of the 2000s. This was because the Fed:
A) Was concerned that inflationary pressures were rising throughout the period.
B) It wanted to encourage banks to build up capital reserves.
C) Wanted to maintain economic confidence in the wake of exogenous shocks.
D) Realized that ecommerce needed support to become established.
Correct Answer:
Verified
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