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During the Economic Crisis of 2008, the Fed Acquired the Authority

Question 160

Multiple Choice

During the economic crisis of 2008, the Fed acquired the authority to


A) pay interest to commercial banks on their reserves.
B) determine the size of the budget deficit or surplus of the Federal Government.
C) require the Treasury to print and issue additional currency.
D) purchase gold in sufficient amounts to back the U.S. dollar.

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