Which statement was NOT a criticism of the Federal Reserve's response to the 2007-2009 financial crisis in the United States?
A) It might lead to inflation in the future.
B) It may have fed a housing bubble by keeping interest rates low.
C) It did things outside its authority by buying troubled assets.
D) It took minimal rather than drastic action.

Question

Quizplus · Accepted Answer

Option D is not a criticism of the Federal Reserve's response to the 2007-2009 financial crisis in the United States. The other options (A, B, and C) all represent criticisms that have been made against the Federal Reserve's actions during the crisis.

Which Statement Was NOT a Criticism of the Federal Reserve's