Which of the Following Were Not Actions Taken by the Federal

question 50

Multiple Choice

Which of the following were not actions taken by the Federal Reserve in order to stimulate the economy during the recession of 2007-2009?

• A)decreasing the discount rate 
• B)suspending trading on the major stock exchanges 
• C)massive lending to banks 
• D)open market purchases of assets other than Treasury bills

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Definitions:

Scanning

The act of systematically exploring various environments and sources for information, often to identify trends, opportunities, and threats.

Competitive Intelligence

A formal approach to obtain information about competitors.

North American Free Trade Agreement (NAFTA)

A treaty entered into by the United States, Canada, and Mexico; it was designed to remove tariff barriers between the three countries.

General Motors (GM)

An American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts.