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(2 points) Please consider this graph from the Wall Street Journal on April 22, 2021. Effective federal funds rate 1595 2000 Source: Federal Reserve via

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(2 points) Please consider this graph from the Wall Street Journal on April 22, 2021. Effective federal funds rate 1595 2000 Source: Federal Reserve via the St. Louis Fed The depicted effective fed funds is a interest rate. The period from 2005 through 2007 saw fairly policy. O Real; contractionary; monetary O Nominal; contractionary; fiscal O Nominal; expansionary; fiscal O Real; expansionary; fiscal O Real; contractionary; fiscal O Nominal; contractionary; monetary O Nominal; expansionary; monetary O Real; expansionary; monetary

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