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
Answer: B
You might also like to view...
In 2014, the largest exporter in the world was
A) Japan. B) the United States. C) Germany. D) China.
Suppose that each worker must use only one shovel to dig a trench, and shovels are useless by themselves. In the long run, the firm's cost function is
A) TC = (w/r) ? q. B) TC = (w + r)/q. C) TC = (w + r). D) TC = (w + r) ? q.
Which of the following tend to gain when inflation exists?
(a) Savers. (b) Those investing in cash. (c) Those on fixed incomes. (d) Borrowers.
The Federal funds rate is the rate that banks pay for loans from:
A. The Fed B. The U.S. Treasury C. Other banks D. Large Corporations