Which of the Following Was Not a Reason That the Federal

question 209

Multiple Choice

Which of the following was not a reason that the Federal Reserve took on additional risks associated with unconventional policy during the recession of 2007-2009?

• A)The large budget deficit constrained fiscal policy.
• B)The inflated price of Treasury bills made them too expensive to purchase in open market operations.
• C)Only the Federal Reserve acting as the central bank can serve as the lender of last resort.
• D)The Fed was able to act more quickly than Congress.

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Definitions:

In-Service Training

Professional development and education for employees conducted during their tenure with an organization to enhance skills.

Child Care Center

A facility where children receive supervision and care, often engaging in play and educational activities while their parents are at work.

News Media

The various platforms and channels through which news and information are communicated to the public, including print, broadcast, and digital forms.

Federally Funded

Financially supported by the federal government, often relating to programs, projects, or institutions receiving governmental resources.