The Federal Reserve responded to the 2008 financial crisis in several ways.Which of the following is one of the ways the Fed responded?
A) The Fed banned investment banks from obtaining discount loans.
B) The Fed lent investment banks Treasury securities in exchange for mortgage-backed securities.
C) The Fed lowered the required reserve ratio on demand deposit accounts in order to increase the amount of bank reserves.
D) The Fed helped Citibank to acquire General Motors and Chrysler.
Correct Answer:
Verified
Q239: When housing prices fell as they did
Q240: When housing prices fall,as they did beginning
Q241: To reassure investors who were unwilling to
Q242: While many analysts defended the actions taken
Q243: A financial asset is considered _ if
Q245: Although the Federal Reserve had traditionally made
Q246: The larger the fraction of an investment
Q247: Which of the following explains why mortgages
Q248: In October 2008,Congress passed the _,under which
Q249: In 2008,the Treasury and Federal Reserve took
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents