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In Response to the 2007 - 2009 Financial Crisis,the Fed's

Question 124

Multiple Choice

In response to the 2007 - 2009 financial crisis,the Fed's prime credit rate,which was 6.25 percent at the end of 2006,was lowered to _____ percent by the end of 2008 and was maintained at that level through 2009.


A) 0.0
B) 0.5
C) 1.0
D) 1.5
E) none of the above

Correct Answer:

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