Which of the following were not actions taken by the Federal Reserve in order to stimulate the economy during the recession of 2007-2009?
A)decreasing the discount rate
B)suspending trading on the major stock exchanges
C)massive lending to banks
D)open market purchases of assets other than Treasury bills

Question

Which of the following were not actions taken by the Federal Reserve in order to stimulate the economy during the recession of 2007-2009?
A)decreasing the discount rate 
B)suspending trading on the major stock exchanges 
C)massive lending to banks 
D)open market purchases of assets other than Treasury bills

Quizplus · Accepted Answer

Suspending trading on the major stock exchanges is not an action taken by the Federal Reserve to stimulate the economy during the recession of 2007-2009. The other options listed are tools that the Federal Reserve utilized during that time.

Which of the Following Were Not Actions Taken by the Federal