Which of the following is NOT a criticism of the Fed's handling of the 2007-2009 financial crisis?
A) The Fed encouraged a housing bubble by keeping interest rates too low for too long.
B) The Fed should have strengthened the dollar to shore up exports.
C) The Fed overstepped its authority by exercising powers it did not legally have.
D) The Fed should have recognized that there was a problem sooner.
Correct Answer:
Verified
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