Which of the Following Statements Is True as a Result

question 185

Multiple Choice

Which of the following statements is true as a result of Federal Reserve efforts to rescue the financial industry from the financial crisis of 2007 and 2008?

• A)From February 2008 to May 2009, the Fed oversaw the consolidation of 20 major financial institutions into fewer than a dozen.
• B)From March 2008 to February 2009, the Fed experienced a 50 percent decline in the value of assets held.
• C)From February 2008 to March 2009, Fed assets more than doubled to nearly $2 trillion.
• D)From February 2008 to March 2009, Fed lending caused the U.S.public debt to rise by over $1 trillion.