Question: This question: 1 point ( s ) pc Of the list below, identify the actions the Fed took in response to the 2 0 2
This question: points pc
Of the list below, identify the actions the Fed took in response to the recession. Mark all that apply.
A It reduced its target for the federal funds rate to zero.
B It introduced temporary "lending facilities" that would allow it to make loans to businesses other than the commercial banks that can borrow from the Fed using discount loans.
C It announced that it would loan up to $ billion of Treasury securities in exchange for mortgagebacked securities to primary dealers.
D It created the Troubled Asset Relief Program TARP under which it attempted to stabilize the commercial banking system by providing funds to banks in exchange for stock.
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