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4. (Total 20 points) Please go to FRED and get a graph of the Effective Federal FundsRate (FEDFUNDS). A. Please Label it as Figure 3 and cite the source like

you did in the previous figures. 5 points B. Do you think the Federal Reserve (The Fed) contributed to The 2008 Great Recession? If so,how? Hint: see class lecture for Ch 15 towards the end and study guide. 15 points

Fig: 1

Fig: 2

Fig: 3