What does the Fed do in 2008

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Today, one of the popular topic related to financial policy is the question on

"Identify the actions taken by the fed to assist banks during the financial crisis 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."

Based on this question, the answer is 

  • 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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