Unformatted text preview: 2. Between July, 2004 and June, 2006, the Fed decided to act in a way that would reduce the risk of inflation. What did it do during this period? The Fed _______ government bonds and _______ the Federal Funds Rate. A. Bought, Increased B. Sold, Increased ** C. Bought, Decreased D. Sold, Decreased...
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This note was uploaded on 07/28/2008 for the course ECON 101 taught by Professor Balaban during the Spring '07 term at UNC.
- Spring '07