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The Term Auction Facility (TAF)program Was Instituted by the Federal

Question 149

Multiple Choice

The term auction facility (TAF) program was instituted by the Federal Reserve to deal with the ________________________.This program gave banks ____________ options when it comes to borrowing from the Fed.


A) financial crisis of 2007-2009;more
B) Great Depression;more
C) financial crisis of 2007-2009;fewer
D) Great Depression;fewer

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