How did the Fed encourage business confidence after the September 11th terrorist attacks?
A) by lowering corporate taxes
B) by reducing money supply
C) by lending billions to banks
D) by putting a moratorium on bank loans

Question

Quizplus · Accepted Answer

The Fed encouraged business confidence after the September 11th terrorist attacks by lending billions to banks. This action helped to stabilize the financial system and reassure businesses that they would have access to the credit they needed to continue operating. Lowering corporate taxes, reducing money supply, and putting a moratorium on bank loans would not have provided the same kind of immediate support to businesses in the aftermath of the attacks.

How Did the Fed Encourage Business Confidence After the September