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Please help, 34. In the years immediately following the Great Recession of 2007-2009, a simple Taylor Rule was likely to call for A.) A strongly

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34. In the years immediately following the Great Recession of 2007-2009, a simple Taylor Rule was likely to call for A.) A strongly positive Federal Funds rate, in order to stabilize inflation. B.) A strongly positive Federal Funds rate, in order to raise net interest income in the banking system. C.) A strongly positive Federal Funds rate, in order to stabilize output. D.) A strongly negative Federal Funds rate. E.) A.) and C.) 35. The Fed's balance sheet began to expand during September, October, and November of 2008, which was a particularly acute phase of the Global Financial Crisis. What component of the asset side of the Fed's balance sheet was responsible for this initial Fed balance sheet expansion? A.) US Treasury securities. B.) Mortgage-backed securities from Fannie Mae and Freddie Mac (the two main government-sponsored housing enterprises). C.) Short-term lending to financial institutions (which includes discount-window-type lending). D.) Excess reserves held by commercial banks at regional Federal Reserve Banks. E.) C.) and D.) 36. Which of the following situations would make it more likely that the Federal Reserve hits the Zero Lower Bound (ZLB) in future years? A.) A stubbornly high rate of inflation. B.) A reduction in saving rates in the United States and foreign countries. C.) A significant increase in the US budget deficit. D.) Continued declines in long-run real interest rates. E.) All of the above would make it more likely that the Fed hits the ZLB in the years to come

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