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During the Financial Crisis of 2007-2009 the U

Question 42

Multiple Choice

During the financial crisis of 2007-2009 the U.S. Federal Reserve used its powers in all but which of the following ways:


A) lending to nonbanks.
B) accepting very illiquid collateral against its loans.
C) lowered bank reserve requirements.
D) lowered its policy rate to zero.

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