1 A) The U.S. government took all of the following actions to address the credit crisis in 2008 except:

		putting Fannie Mae into conservatorship.
		passed the Troubled Asset Relief Program (TARP).
		created the Resolution Trust Corporation (RST) to help dispose of toxic bank assets.
		authorized large non-financial firms to sell bonds that were FDIC-insured.
		temporarily increased FDIC domestic deposit coverage to $250,000.

1 B) 1. Currently, the Fed sets the discount rate __________ the target fed funds rate. 50 basis points below 100 basis points below 100 basis points above 50 basis points above 25 basis points above