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    Macroeconomics Study Set 38
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    Exam 14: The Great Recession and the Short-Run Model
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    In the Aftermath of the Financial Crisis That Began in 2008
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In the Aftermath of the Financial Crisis That Began in 2008

Question 3

Question 3

Multiple Choice

In the aftermath of the financial crisis that began in 2008, the Fed's assets grew primarily as:


A) currency and loans.
B) U.S. Treasury bills.
C) holdings of foreign currency.
D) reserves.
E) mortgage-backed securities and "other."

Correct Answer:

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