The Federal Reserve responded to the 2008 financial crisis in several ways. Which of the following is not one of the ways the Fed responded?
A) The Fed lent investment banks Treasury securities in exchange for mortgage-backed securities.
B) The Fed lowered the required reserve ratio on demand deposit accounts in order to increase the amount of bank reserves.
C) The Fed helped JP Morgan to acquire Bear Stearns, a nearly bankrupt investment bank.
D) The Fed made investment banks eligible for discount loans.
B
Economics
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Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?
A) $420 B) $32 C) $11.1 D) $8.1
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In which case will the transition from short run to long run involve the shortest chronological time?
a. a service that provides temporary secretaries to companies b. an automobile factory c. a farm d. an electric utility
Economics