The following programs were part of the Fed's "lender of last resort" efforts in response to the Financial Crisis of 2007-2008, except:

A. TSLF (Term Securities Lending Facility)

B. TARP (Troubled Asset Relief Program)

C. CPFF (Commercial Paper Funding Facility)

D. TALF (Term Asset-Backed Securities Loan Facility)


B. TARP (Troubled Asset Relief Program)

Economics

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The duration of a coupon bond increases

A) the longer is the bond's term to maturity. B) when interest rates increase. C) the higher the coupon rate on the bond. D) the higher the bond price.

Economics

Refer to Figure 33-2. Starting from point B and assuming that aggregate demand is held constant, in the long run the economy is likely to experience

a) a rising price level and a rising level of output. b) a falling price level and a rising level of output. c) a rising price level and a falling level of output. d) a falling price level and a falling level of output. e) a falling price level and a rising level of unemployment.

Economics

The slope of a line that is vertical is:

A. zero. B. infinite. C. 1. D. dependent on where it intersects the horizontal axis.

Economics

When the automobile replaced the horse as the primary means of transportation, the unemployment rate of blacksmiths increased. This was an example of

A. cyclical unemployment. B. frictional unemployment. C. seasonal unemployment. D. structural unemployment.

Economics