The high growth rates of money in the late 2000s was likely due to:
A) the Fed's concern about deflation.
B) the rise in the overall price level.
C) a rise in inflation expectations.
D) the appointment of a new Fed chairman.
E) prodding from the Bush and Obama administrations.

Question

Quizplus · Accepted Answer

The high growth rates of money in the late 2000s were likely due to the Federal Reserve's concern about deflation, especially during the financial crisis, leading to policies like quantitative easing to increase money supply and stimulate the economy.

The High Growth Rates of Money in the Late 2000s