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During the Financial Crisis That Started in 2008, the Fed

Question 50

Multiple Choice

During the financial crisis that started in 2008, the Fed


A) lowered short-term interest rates until they reached almost zero percent
B) bought some non-traditional assets to intervene in long-term markets and drive long-term interest rates down
C) started to pay interest to banks on the reserves they held with the Fed
D) all of the above
E) none of the above

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