In the aftermath of the financial crisis that began in 2008,the Fed's assets grew primarily as:
A)currency and loans.
B)U.S.Treasury bills.
C)holdings of foreign currency.
D)reserves.
E)loans and "other."

Question

Quizplus · Accepted Answer

The Fed's assets grew primarily as loans and "other" in the aftermath of the financial crisis that began in 2008. This was due to the Fed's quantitative easing program, which involved the purchase of large amounts of Treasury securities and mortgage-backed securities.

In the Aftermath of the Financial Crisis That Began in 2008,the