Following the terrorist attacks of September 11,2001,the Federal Reserve increased:
A) its lending to banks.
B) required reserve ratios.
C) open market sales of bonds.
D) the discount rate.

Question

Quizplus · Accepted Answer

Following the terrorist attacks of September 11, 2001, the Federal Reserve increased its lending to banks to ensure the financial system remained liquid and functioning amidst the crisis. This action was part of a broader effort to stabilize the economy and prevent a financial meltdown.

Following the Terrorist Attacks of September 11,2001,the Federal Reserve Increased