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the Federal Reserve's conventional monetary policy stance from the beginning of 2020. The Fed's target range for the federal funds rate and the effective federal

the Federal Reserve's conventional monetary policy stance from the beginning of 2020. The Fed's target range for the federal funds rate and the effective federal funds rate are in alignment.

This represents a period of ____________________.

Select one:

a. tight monetary policy

b. loose monetary policy

c. quantitative easing

d. contractionary monetary policy

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