In response to the financial crisis, the Fed effectively lowered interest rates to ________ percent.
A) 1
B) 5
C) 0
D) -1
E) 3

Name: In response to the financial crisis, the Fed effectively lowered interest rates to ________ percent. A) 1 B) 5 C) 0 D) -1 E) 3
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Question

Quizplus · Accepted Answer

During the financial crisis, the Fed effectively lowered interest rates to near-zero levels to stimulate economic growth and encourage borrowing and spending. Therefore, the answer is 0.

In Response to the Financial Crisis, the Fed Effectively Lowered