During the Last Financial Crisis,the Fed Was Criticized for Overstepping

question 113

Multiple Choice

During the last financial crisis,the Fed was criticized for overstepping its authority and exercising powers it had not been granted.Which of the following was NOT one of the causes of this criticism of the Fed?

• A) The Fed did not explain why it was taking certain actions.
• B) The Fed bought huge amounts of risky assets from troubled banks.
• C) The Fed helped to bail out nonbank institutions.
• D) The Fed expanded the monetary base so far that it risked inflation in the future.

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Definitions:

Workforce Disengaged

The state in which employees are emotionally or intellectually disconnected from their workplace, often leading to decreased productivity.

Heavy Workloads

Refers to situations where the amount of work and responsibilities assigned exceeds what is reasonably manageable within given time frames.

Techno-invasion

The pervasive increase of technology in personal and professional spaces, often raising concerns about privacy, dependency, and social change.

Firewall

A security system designed to prevent unauthorized access to or from a private network, often used to protect computer networks from internet threats.