The Federal Reserve Responded to the 2008 Financial Crisis in Several

question 278

Multiple Choice

The Federal Reserve responded to the 2008 financial crisis in several ways.Which of the following is one of the ways the Fed responded?

• A)The Fed banned investment banks from obtaining discount loans.
• B)The Fed lent investment banks Treasury securities in exchange for mortgage-backed securities.
• C)The Fed lowered the required reserve ratio on demand deposit accounts in order to increase the amount of bank reserves.
• D)The Fed helped Citibank to acquire General Motors and Chrysler.

---

Definitions:

Goodwill Comment

A goodwill comment is a positive statement made to build a friendly relationship or to express kindness and good intentions.

Refusal Of A Request

The act of denying or rejecting a solicitation or proposition.

Permit

To allow or authorize something; also refers to a document that grants official permission for a specific action or event.

Refusing Requests

involves declining someone's ask or demand politely and professionally, often with explanations or alternatives.