In response to the Coronavirus Crisis, the Fed established I. The Municipal Credit Facility which provided funds to investors to purchase municipal securities II. The Main Street Lending Program which provided funds to some small and medium-sized businesses II. The Paycheck Protection Program Liquidity Facility (PPPLF) which provided extra credit to financial institutions to originate Payroll Protection loans а. | only b. I and II only С. Il and III only d. I, Il and III

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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With proper explanation please
3.
In response to the Coronavirus Crisis, the Fed
established
I. The Municipal Credit Facility which provided
funds to investors to purchase municipal
securities
II. The Main Street Lending Program which
provided funds to some small and medium-sized
businesses
III. The Paycheck Protection Program Liquidity
Facility (PPPLF) which provided extra credit to
financial institutions to originate Payroll
Protection loans
а.
I only
b.
I and II only
С.
Il and III only
d.
I, Il and III
Transcribed Image Text:3. In response to the Coronavirus Crisis, the Fed established I. The Municipal Credit Facility which provided funds to investors to purchase municipal securities II. The Main Street Lending Program which provided funds to some small and medium-sized businesses III. The Paycheck Protection Program Liquidity Facility (PPPLF) which provided extra credit to financial institutions to originate Payroll Protection loans а. I only b. I and II only С. Il and III only d. I, Il and III
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