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During What Has Become Known as the Great Recession,the Fed

Question 26

Multiple Choice

During what has become known as the Great Recession,the Fed began to purchase the assets of member banks.This new monetary control mechanism used by the Fed was known as


A) subprime borrowing.
B) the Greenspan Plan.
C) quantitative easing.
D) hyper inflation.
E) too big to fail.

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