Ask Question
29 May, 01:50

In 2008, the federal Ben Bernanke made credit more available within the US financial system by loaning money to banks. This action was to encourage a (n) contraction expansion peak trough

+2
Answers (1)
  1. 29 May, 04:52
    0
    This action was to encourage an "expansion" since the thinking behind the action was that it would increase the money supply, which meant that more people would borrow and spend.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In 2008, the federal Ben Bernanke made credit more available within the US financial system by loaning money to banks. This action was to ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers