In 2008, the Fed Responded to the Financial Crisis By

In 2008, the Fed responded to the financial crisis by:

A) offering nearly unlimited short-term financing to any bank that suddenly found itself short on cash.
B) increasing the interest rates to encourage people to save, so banks would have more money on hand to lend.
C) doing nothing, and allowing the automatic stabilizers to bring the economy back to its long run equilibrium.
D) reducing money supply.