History, 27.04.2021 17:00 cicimarie2018

How did the Federal Reserve attempt to avert the complete collapse of the financial system during the financial crisis of 2008?
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A) It ordered commercial banks to stop making loans.

B) It encouraged the development of a credit crunch.

C) It closed all commercial banks for four days.

D) It loaned trillions of dollars to financial institutions.

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