Which of the following measures did the Fed take during the financial crisis of 2008?
a. The Fed lowered the discount rate and paid interest on reserves held at the Fed.
b. The Fed increased the reserve requirement ratio
c. The Fed sold all government securities.
d. The Fed decreased its spending.
e. The Fed increased the discount rate.
a
Economics
You might also like to view...
If the village of Happyville has 150 residents, of which 50 are children or senior citizens, 95 are working, and 5 are actively seeking work, the unemployment rate is:
A) 5%. B) 3.3%. C) 36.7%. D) 33.3%.
Economics
Figure 3-13
Refer to . The market for margarine was initially in equilibrium at point e. Other things constant, a decrease in the price of butter, a close substitute for margarine, would likely move the equilibrium in this market toward point
a.
r.
b.
s.
c.
t.
d.
u.
Economics