The dramatic collapse in the price of technology stocks in 2001-2003, coupled with a short recession in 2001, caused the Federal Reserve to _____ interest rates to stimulate _____.
A) raise; employment
B) lower; employment
C) raise; prices
D) lower; prices

Question

Quizplus · Accepted Answer

The collapse of technology stocks and short recession in 2001 caused the Fed to lower interest rates to stimulate employment and overall economic growth.

The Dramatic Collapse in the Price of Technology Stocks in 2001-2003