« previous next »

Author Question: Which of the following was NOT part of Federal Reserve Chairman Ben Bernankes approach to correcting ... (Read 84 times)

809779

  • Hero Member
  • *****
  • Posts: 579
on: Jul 8, 2018
Which of the following was NOT part of Federal Reserve Chairman Ben Bernankes approach to correcting the financial crisis of 2007-2010?
 
  a. dropped interest rates to zero
  b. rapidly paid off debt to foreign investors
  c. lent money to mutual funds and hedge funds
  d. purchased mortgage bonds in bulk
  e. lent money to manufacturers

Question 2

Which of the following is NOT a method or purpose of the Federal Reserve?
 
  a. to set the discount rate
  b. to control the supply of money
  c. to control inflation
  d. to stimulate the economy
  e. to control the profits of private banks


chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jul 8, 2018
Answer to Question 1

ANS: B

Answer to Question 2

ANS: E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

A closer look at glycolysis PART A A closer look at glycolysis PART A
Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont
How to calculate simple interest (Part 3) How to calculate simple interest (Part 3)
How to convert verbal statements into algebraic equations (Part 1) How to convert verbal statements into algebraic equations (Part 1)
Child Development: A Cultural Approach Child Development: A Cultural Approach
Question 37 Part 2 Question 37 Part 2
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library