In Recent Years (After the fiNancial Crisis of 2008), the Fed

Multiple Choice

In recent years (after the financial crisis of 2008) , the Fed has added a new element to its open-market operations, which is

A) buying and selling foreign-government securities.
B) taking government bonds as collateral on loans to banks and other financial institutions.
C) the trading of state- and local-government bonds.
D) accepting corporate stocks and bonds as bank reserves.