The Federal Reserve took all of the following actions during the most recent financial crisis between 2007 and 2008 EXCEPT it
A) gave a directive to change the management of the banks that had to be bailed out.
B) bought up troubled assets from banks.
C) lent money at the discount window to nonbanks such as investment bankers and brokers.
D) kept the interest rates low to stimulate the economy.
E) entered into the financial markets by making markets in commercial paper and other securities where the markets had ceased to function.
Correct Answer:
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