Question

According to the Fed, what were the major problems during the financial crisis of 2008? Check all that apply

Answer 1

Answer:

- The money supply became less liquid

- Lending and credit stopped

- It was difficult for banks to receive the loans needed to have cash required to function

Explanation:

Answer 2

Answer:

Your answers will be "The money supply became less liquid", "Lending and credit stopped", and "It was difficult for banks to receive the loans needed to have cash required to function".