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02-01-2024
Business

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During the recent economic crisis, the Fed took several important steps to attempt to minimize the effects of the crisis for both businesses and individuals. Which of the following was not a step that the Fed took during this time?

A. Expanded its network of district banks to 18
B. Provided liquidity
C. Supported troubled financial markets
D. Supported important financial institutions
E. Conducted stress tests for major banks

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