What are the two main goals of the Federal Reserve's mandate during the crisis?
Fed Holds Interest Rates Near Zero Despite Economic Growth, Inflation

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Decrease employment and increase prices
Increase interest rates and reduce inflation
Promote maximum employment and stable prices
Promote financial instability
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current range of interest rates set by the Federal Reserve?
0.5% to 1%
0% to 0.25%
1% to 1.5%
0.25% to 0.5%
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why has the Federal Reserve kept interest rates low during the pandemic?
To decrease employment
To encourage spending and keep loan rates down
To increase inflation
To promote financial instability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under what conditions will the Federal Reserve consider increasing interest rates?
When inflation reaches 3%
When the stock market crashes
After achieving maximum employment and a 2% rise in inflation
When unemployment rises
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is the Federal Reserve Chairman mentioned in the transcript?
Alan Greenspan
Jerome Powell
Ben Bernanke
Janet Yellen
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