During 2007 as the global financial crisis started,the Fed implemented several new lending programs to increase liquidity,including ________.
A) expansion of the discount window
B) setting up the Term Auction Facility, making loans through competitive auctions
C) lending to investment banks
D) only A and B above.
E) A, B, and C, are all correct.

Question

Quizplus · Accepted Answer

The question specifically asks for new lending programs implemented by the Fed in response to the global financial crisis in 2007. All of the choices listed were programs implemented during this time to increase liquidity in the financial system. Therefore, the correct answer is E, as all three choices (A, B, and C) are correct.

During 2007 as the Global Financial Crisis Started,the Fed Implemented