As the financial crisis became more severe in 2008,the Federal Reserve undertook a(n)________ of monetary policy,an effect of which is to ________ inflation.
A)contraction;raise
B)easing;raise
C)contraction;lower
D)easing;lower
E)none of the above

Question

Quizplus · Accepted Answer

During the 2008 financial crisis, the Federal Reserve implemented an easing of monetary policy, which generally has the effect of raising inflation by increasing the money supply and lowering interest rates to stimulate economic activity.

As the Financial Crisis Became More Severe in 2008,the Federal