In 2008, the U

Multiple Choice

In 2008, the U.S.Treasury Department and U.S.Federal Reserve took several actions in response to the deepening financial crisis.One action was the creation of the Term Securities Lending Facility, under which the U.S.Federal Reserve will loan up to $200 billion of treasury securities in exchange for

A) common stock.
B) mortgage-backed securities.
C) corporate bonds.
D) required bank reserves.
E) preferred shares.