1. Which of the following U.S. government stabilization programs was run exclusively by the Federal reserve?

I. Public-private investment partnership

II. Term asset-backed securities loan facility

III. Term asset-backed securities loan facility

2. which of the following can be considered as a near term outcome of the 2008-2009 us financial crisis?

A. more restrictive lending practices by us commercial banks.

B. Dysfunctional and damaged financial markets.

C. both

D. None of the above

3. which of the following statements is true on the eve of the 2008-2009 U.S. financial crisis?

A. the supply of existing homes in the U.S. reached a nearly 11 month over hang

B. Home prices increase significantly beyond historic norms.

C. subprime mortgage lending spiked upward.

D. all of the above.