During the turmoil in the market for subprime mortgages in 2007 and 2008, the Fed increased the volume of discount loans. The goal of the Fed was to
A) reduce unemployment.
B) stimulate economic growth.
C) reduce the rate of inflation.
D) reassure financial markets and promote financial stability.
E) reduce the current account deficit.
D
Economics
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(Consider This) During the Great Recession of 2007-2009:
A. real interest rates and investment spending both declined. B. real interest rates and investment spending both increased. C. real interest rates increased, choking off investment spending. D. real interest rates decreased, but expected returns from investment remained unchanged.
Economics
Mean
What will be an ideal response?
Economics