INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select
-The Federal Reserve's actions after the financial crisis of 2008 and 2009 resulted in [reduced interest rate | higher interest rates].
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Question

Quizplus · Accepted Answer

The Federal Reserve's actions after the financial crisis of 2008 and 2009 resulted in reduced interest rates, as the Fed lowered the federal funds rate and engaged in quantitative easing to stimulate lending and boost economic growth.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which