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Tidy Tidy
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Posts: 4852
9 years ago
In 2008, the Treasury and 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 Fed will loan up to $200 billion of treasury securities in exchange for
A) stock.
B) mortgage-backed securities.
C) corporate bonds.
D) required bank reserves.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 226 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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wrote...
9 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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