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During the Great Recession, which of the following unconventional methods was NOT used by the Fed used to stabilize the economy? Group of answer choices
During the Great Recession, which of the following unconventional methods was NOT used by the Fed used to stabilize the economy?
Group of answer choices
expanding the credit market to include direct lending to nonbank financial firms
lowering the federal funds rate to nearly zero
increasing the gold and silver reserves of all member banks and financial firms
guaranteeing the assets of firms deemed "too big to fail"
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