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When did the financial crisis of 2007-2009 peak and why? Plot weekly data for 20062010...

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Accounting

When did the financial crisis of 2007-2009 peak and why? Plot weekly data for 20062010 for the one-week LIBOR rate (FRED code: USD1WKD156N) and the effective federal funds rate (FRED code: FF). Explain the pattern. (LO1) (Hint: For consistency, plot both series on the same basis by specifying Weekly, ending Wednesday in the Frequency dropdown box.)

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