In 2008, the Fed Responded to the Financial Crisis By

In 2008, the Fed responded to the financial crisis by:

A) offering nearly unlimited short-term financing to any bank that suddenly found itself short on cash.
B) raising interest rates to encourage saving, so banks would have more money on hand to lend.
C) taking no additional action, allowing automatic stabilizers to bring the economy back to its long-run equilibrium.
D) reducing the money supply.