One Emergency Lending Procedure Put into Place in 2008 Was

question 4

Multiple Choice

One emergency lending procedure put into place in 2008 was the creation of the Term Securities Lending Facility. This entity was set up to

• A)lend up to $50 billion of Treasury securities to primary securities dealers for a fee.
• B)lend up to $200 billion of Treasury securities to primary securities dealers for a fee.
• C)lend funding to the Money Market Investor Funding Facility
• D)lend funding to any commercial bank that needed it.

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Definitions:

Classical

Pertains to economic theories and models that emphasize free markets, competition, and the self-regulating nature of economies, first developed in the 18th and 19th centuries.

Wages

Payments made to workers or employees as compensation for their labor or services.

Prices

The monetary value assigned to goods and services, determined by various factors including supply and demand dynamics.

Institutional Barriers

Obstacles created by cultural, legal, and organizational structures that hinder the progress or implementation of policies or operations.