In Utilizing Unconventional Monetary Policy in 2009, the Federal Reserve

question 174

Multiple Choice

In utilizing unconventional monetary policy in 2009, the Federal Reserve purchased

• A)real estate worth more than $2 trillion.
• B)$800 billion in Treasury bills.
• C)over $1 trillion in mortgage-backed securities.
• D)$600 billion in long-term Treasury bonds.

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