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:
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