Pearson eText Economics of Money, Banking and Financial Markets, The, Business School Edition -- Instant Access (Pearson+)
5th Edition
ISBN: 9780136879381
Author: Frederic Mishkin
Publisher: PEARSON+
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Question
Chapter 24, Problem 2WE
To determine
To Explain:
The sequence of usage of nonconventional policy tools initiated by Federal Reserve used for facilitating the recovery process. Also determine which instruments are for commercial banks and which are for non-bank financial companies.
Concept introduction:
Non-conventional Policy Tools: To offer added backing for the economic retrieval, the Federal Reserve established the Maturity Extension Program and Reinvestment Policy, which was in operation from September 2011 through the end of 2012. They included:
- Money Market Investor Funding Facility ABCP MMMF Liquidity Facility
- Commercial Paper Funding Facility
- Primary Dealer Credit Facility
- Term Securities Lending Facility
- Term Auction Facility
- Term Asset-Backed Securities Loan Facility
- Maturity Extension Program and Reinvestment Policy
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Check out a sample textbook solutionChapter 24 Solutions
Pearson eText Economics of Money, Banking and Financial Markets, The, Business School Edition -- Instant Access (Pearson+)
Ch. 24 - Prob. 1LOCh. 24 - Prob. 2LOCh. 24 - Prob. 3LOCh. 24 - Prob. 4LOCh. 24 - Prob. 5LOCh. 24 - Prob. 1QCh. 24 - Prob. 2QCh. 24 - Prob. 3QCh. 24 - Prob. 4QCh. 24 - Prob. 5Q
Ch. 24 - Prob. 6QCh. 24 - Prob. 7QCh. 24 - Prob. 8QCh. 24 - Prob. 9QCh. 24 - Prob. 10QCh. 24 - Prob. 11QCh. 24 - Prob. 12QCh. 24 - Prob. 13QCh. 24 - Prob. 14QCh. 24 - Prob. 15QCh. 24 - Prob. 16QCh. 24 - Prob. 17QCh. 24 - Prob. 18QCh. 24 - Prob. 19QCh. 24 - Prob. 20QCh. 24 - Prob. 21QCh. 24 - Prob. 22QCh. 24 - Prob. 23QCh. 24 - Prob. 24QCh. 24 - Prob. 25APCh. 24 - Prob. 26APCh. 24 - Prob. 27APCh. 24 - Prob. 28APCh. 24 - Prob. 29APCh. 24 - Prob. 30APCh. 24 - Prob. 1DAPCh. 24 - Prob. 2DAPCh. 24 - Prob. 1WECh. 24 - Prob. 2WE
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