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To Help the Economy Recover After the Terrorist Attacks on the World

Question 51

Multiple Choice

To help the economy recover after the terrorist attacks on the World Trade Center on September 11, 2001, the Federal Reserve


A) opened a new Federal Reserve Bank in upstate New York
B) took direct steps to boost stock prices
C) lowered interest rates and supplied new reserves to banks
D) raised required reserve ratios to ensure the safety of banks

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