The Fed was created
A) after financial panics in the late 1800s and early 1900s.
B) after the stock market crash of 1929.
C) to help finance government expenditures during World War II.
D) to help channel funds to the residential mortgage market.
A
Economics
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In what way may the Fed have contributed to the housing bubble?
A. By inflating housing prices in the early 2000s B. By investing heavily in mortgage-backed securities C. By making credit cheaper with a low Federal funds rate D. By causing unemployment with low money supply growth
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If the legal reserve requirement is decreased, the money multiplier is decreased
Indicate whether the statement is true or false
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