Write a 350- to 700-word analysis of 1 of the following corrective actions taken by the Federal Reserve as a result of the crisis:
Quantitative easing
Purchase of toxic assets from financial institutions
Paying interest on reserve balances
Address the following in your analysis:
Actions taken by the Federal Reserve to mitigate the crisis
How the corrective action helped to restore stability to the financial system?
How the corrective action should prevent recurrence of a similar crisis?
