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Recall Application 4, "Coping with the Financial Chaos Caused by the Mortgage

Question 64

Multiple Choice

Recall Application 4, "Coping with the Financial Chaos Caused by the Mortgage Crisis," to answer the following
questions:
-According to Application 4, the reason why the FED allowed large currency swaps with other central banks was to:


A) provide foreign banks with dollars to lend when needed.
B) provide a system of check collection and clearing.
C) increase the value of the US dollar.
D) pay down the US Federal government's total debt.

Correct Answer:

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