True or False, Explanation needed

16. During the Great Recession, the Fed provided liquidity only to banks.

17. During the Great Recession, the Fed's objective was to raise inflation expectations by raising interest rates.

18. Fiscal multipliers are high unemployment transfers because the unemployed have a high propensity to save.

19. In contrast to the Coronavirus During the Great Recession, U.S. fiscal policy during the Great Recession focused on providing more resources to local governments.