Which of the following was not proposed as an explanation of why the effectiveness monetary policy was limited during and after the financial crisis of 2007-2009? A) recessions accompanied by financial crises tend to be severe. B) long levels of high unemployment had led to a reduction in the employment to population ratio that would be difficult to reverse. C) the Fed was reluctant to implement nonconventional policies. D) structural changes had taken because important sectors of the economy were deeply affected by the financial crisis. recessions accompanied by financial crises tend to be severe long levels of high unemployment had led to a reduction in the employment to population ratio that would be difficult to reverse. structural changes had occurred because important sectors of the economy were deeply affected by the financial crisis. the Fed was reluctant to implement nonconventional policies.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Which of the following was not proposed as an explanation of why the
effectiveness monetary policy was limited during and after the financial crisis of
2007-2009?
A) recessions accompanied by financial crises tend to be severe.
B) long levels of high unemployment had led to a reduction in the employment to
population ratio that would be difficult to reverse.
C) the Fed was reluctant to implement nonconventional policies.
D) structural changes had taken because important sectors of the economy were
deeply affected by the financial crisis.
recessions accompanied by financial crises tend to be severe
long levels of high unemployment had led to a reduction in the employment
to population ratio that would be difficult to reverse.
structural changes had occurred because important sectors of the economy
were deeply affected by the financial crisis.
the Fed was reluctant to implement nonconventional policies.
Transcribed Image Text:Which of the following was not proposed as an explanation of why the effectiveness monetary policy was limited during and after the financial crisis of 2007-2009? A) recessions accompanied by financial crises tend to be severe. B) long levels of high unemployment had led to a reduction in the employment to population ratio that would be difficult to reverse. C) the Fed was reluctant to implement nonconventional policies. D) structural changes had taken because important sectors of the economy were deeply affected by the financial crisis. recessions accompanied by financial crises tend to be severe long levels of high unemployment had led to a reduction in the employment to population ratio that would be difficult to reverse. structural changes had occurred because important sectors of the economy were deeply affected by the financial crisis. the Fed was reluctant to implement nonconventional policies.
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