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According to our textbook (Chapter 15), starting from 2008 through 2015 and again during the Covid crisis from 2020 through 2021, the Federal Reserve Bank
According to our textbook (Chapter 15), starting from 2008 through 2015 and again during the Covid crisis from 2020 through 2021, the Federal Reserve Bank was trying to keep loan interest rates as low as possible. This monetary policy to keep interest rates low was commonly called "ZIRP." Group startsTrue or False
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
