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What Unusual Measures Did the Fed Take in Trying to Reduce

Question 63

Multiple Choice

What unusual measures did the Fed take in trying to reduce long-term interest rates during the financial crisis of 2007-2009?


A) buying mortgage-backed securities issued by Fannie Mae and Freddie Mac
B) reducing the federal funds rate multiple times
C) issuing its own securities
D) eliminating the discount rate on loans to member banks

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