According to the application, which of the following did John Taylor identify as the cause of the housing boom from 2001-2004?
A. the Fed’s “easy money” policy
B. the Fed’s “tight money” policy
C. the Treasury’s bailout of banks
D. Congress’ tax cuts
Answer:A
According to the application, which of the following did John Taylor identify as the cause of the housing boom from 2001-2004?
A. the Fed’s “easy money” policy B. the Fed’s “tight money” policy C. the Treasury’s bailout of banks D. Congress’ tax cuts