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How did the Federal Reserve act as a lender of last resort on 9/11? Group of answer choices The Fed made sure there was enough
How did the Federal Reserve act as a lender of last resort on 9/11? Group of answer choices The Fed made sure there was enough liquidity for businesses and financial institutions. The Fed used its monetary policy tools. By conducting open market operations, the Fed acted as lender of last resort. The Fed raised interest rates
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
