Solved

In a Speech in November 2002, Former Chair of the Federal

Question 72

Multiple Choice

In a speech in November 2002, former chair of the Federal Reserve Board Ben Bernanke suggested the possibility that, in an extreme economic crisis, the Federal Reserve (working in coordination with the U.S.government) , could


A) print and loan enough money to finance a massive tax cut and economic stimulus.
B) force businesses to increase spending in order to jump-start the economy.
C) lower the unemployment rate through offering federal projects and job programs.
D) lower the rate of inflation by selling stocks and bonds on the open market.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents