In ________, the Fed began to raise the federal funds rate in response to ________.
A) mid-2004; rising inflation
B) mid-2008; a bubble in stock markets
C) mid-2007; the decline in housing prices
D) mid-2000; rising unemployment rates
E) early 2009; rising inflation
Correct Answer:
Verified
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A) stayed constant.
B) rose
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A) lock
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