The financial crisis and recession of 2008-2009 led to all the following policy options except one, which is:

Question

Quizplus · Accepted Answer

During the financial crisis of 2008-2009, the Bank of Canada, like many central banks, took several measures to mitigate the crisis, including lowering overnight rates, quantitative easing, and moral suasion. However, the sale of long-term securities and mortgage-backed securities would not be a measure to inject liquidity into the market or stimulate the economy, which was the primary goal of central banks during the crisis. Instead, central banks were more likely to purchase such securities to increase liquidity.

The Financial Crisis and Recession of 2008-2009 Led to All