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In response to the Coronavirus Crisis, the Fed established 1. The Municipal Credit Facility which provided funds to investors to purchase municipal securities 11. The
In response to the Coronavirus Crisis, the Fed established 1. The Municipal Credit Facility which provided funds to investors to purchase municipal securities 11. The Main Street Lending Program which provided funds to some small and medium-sized businesses III. The Paycheck Protection Program Liquidity Facility (PPPLF) which provided extra credit to financial institutions to originate Payroll Protection loans a. I only b. I and II only c. II and III only d. I, II and III Which of the following statements was true concerning the U.S. housing market on the eve of the 2008-09 U.S. financial crisis? Select one: a. The supply of existing homes in the U.S. reached a nearly 11 month "overhang" b. Home prices increased significantly beyond historic norms c. Subprime mortgage lending spiked upward d. Each of these answers is correct
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