According to the Fed, what were the major problems during the financial crisis of 2008? Check all that apply.The money supply became less liquid.Consumer spending increased dramatically.Lending and credit stopped.Banks were too easily able to fulfill consumer demands for loans.It was difficult for banks to receive the loans needed to have cash required to function.
Identify the actions taken by the Fed to assist banks during the financial crisis of 2008. Check all that apply.The Fed implemented new fiscal policy measures to encourage consumer spending.The Fed placed a cap on the cash that individuals could receive from banks at one time.The Fed bought securities to increase the money supply.The Fed lowered interest rates, hoping to increase available credit.The Fed carried out open market operations to stimulate growth.
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