Which of the following is described as an innovative and nontraditional method used by the Federal Reserve to expand the quantity of money and credit during the recent U.S. recession?
A. increased discount rate
B. increased reserves requirements
C. open market operations
D. quantitative easing
Answer:D
Which of the following is described as an innovative and nontraditional method used by the Federal Reserve to expand the quantity of money and credit during the recent U.S. recession?
A. increased discount rate B. increased reserves requirements C. open market operations D. quantitative easing
Explanation: Type: Multiple Choice