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During 2008 and 2009,as the Lender of Last Resort,the Federal

Question 281

Multiple Choice

During 2008 and 2009,as the lender of last resort,the Federal Reserve loaned $________ to a wide variety of financial institutions and other large corporations.


A) 700 billion
B) 3 trillion
C) 7 trillion
D) 10 trillion

Correct Answer:

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