Which of the following unprecedented actions did the Federal Reserve take during the most recent financial crisis?
A) Firing all CEOS of bailed-out banks
B) Compensating all investors who lost money in the crisis
C) Further reducing regulation of the financial industry
D) Lending money at the discount window to nonbanking institutions like brokerage firms
E) Keeping interest rates high to help improve bank health

Question

Quizplus · Accepted Answer

During this period,the Federal Reserve took unprecedented actions that included buying up troubled assets from the banks and lending money at the discount window to nonbanks such as investment banks and brokers.

Which of the Following Unprecedented Actions Did the Federal Reserve