Which of the following were not actions taken by the Federal Reserve in order to stimulate the economy during the recession of 2007-2009?
A)Decreasing the discount rate
B)Suspending trading on the major stock exchanges
C)Massive lending to banks
D)Open-market purchases of assets other than Treasury bills

Question

Quizplus · Accepted Answer

The Federal Reserve did not suspend trading on the major stock exchanges. The other three actions (decreasing the discount rate, massive lending to banks, and open-market purchases of assets other than Treasury bills) were taken by the Federal Reserve to stimulate the economy during the recession of 2007-2009.

Which of the Following Were Not Actions Taken by the Federal