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) mortgage-backed securities and "other."

Question

Quizplus · Accepted Answer

The Fed's assets grew primarily through the purchase of mortgage-backed securities and "other" securities as part of their quantitative easing programs in response to the financial crisis.

In the Aftermath of the Financial Crisis That Began in 2008