The Fed's response to the zero lower bound problem was quantitative easing (or "QE"), where the Fed buys large amounts of bonds in order to
A) lower the interest rates.
B) increase banks' reserves.
C) lower bond prices.
D) reduce money supply.

Question

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The Answer of The Fed's response to the zero lower bound problem was quantitative easing (or "QE"), where the Fed buys large amounts of bonds in order to
A) lower the interest rates.
B) increase banks' reserves.
C) lower bond prices.
D) reduce money supply.

The Fed's Response to the Zero Lower Bound Problem Was