Which of the following is not one of the policy tools available to the Fed for use in influencing interest rates? Reserve Requirement Discount Rates Federal Funds Rates open Market Operations Private shareholders of Fannie and Freddie are taking legal action because: They felt misled about the risk of purchasing investments from Fannie and Freddie The government is taking legal action, not the private shareholders They are upset that the government is keeping all of the profits They think the government was responsible for the loses the GSEs experienced in the first place Which of the following statements regarding Fannie and Freddie is false? both purchase loans directly from commercial banks they extend loans directly to households who otherwise would not qualify for a mortgage they purchased mortgage backed securities from private securitizes they bundled loans into mortgage backed securities to sell to investors Quantitative Easing removed toxic assets from banks' balance sheets True False Banks "create" money whenever they purchase treasury securities being issued for the first time. True False 6 As discussed in class lecture, after the 2008 election the yield curve was sloping, and was loping after the 2016 election. downward, upward downward, downward upward, upward upward, downward