Some economists argue that the Fed set its federal funds rate target "too _________" in the early 2000s,which was one of the contributing factors which led to ____________ mortgage interest rates and a(n)___________ housing prices.

Question

Quizplus · Accepted Answer

The Fed set its federal funds rate target too low, which led to low mortgage interest rates and an increase in housing prices.

Some Economists Argue That the Fed Set Its Federal Funds