Question

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

Answer 1

Answer:

The answer is 1, 3, 5

Explanation:

1.The money supply became less liquid.

3. Lending and credit stopped.

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

Answer 2

The correct answers are 1.)The money supply became less liquid. 3.)Lending and credit stopped. 5.)It was difficult for banks to receive the loans needed to have cash required to function. I'm 100% sure.