Multiple Choice
In September 2012 unemployment was high and the Fed was concerned that the economy would re-enter a recession. Therefore the Fed announced that it would ________ its purchases of securities in an effort to ________.
A) decrease; keep the federal funds rate low
B) increase; keep the federal funds rate low
C) decrease; raise the federal funds rate
D) increase; raise the federal funds rate
Correct Answer:

Verified
Correct Answer:
Verified
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