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As the Federal Reserve responded to the recent housing crisis, its balance sheet: was halved in size in just a few months because of the TANF program and contractionary monetary policy. was reduced by...

As the Federal Reserve responded to the recent housing crisis, its balance sheet:

was halved in size in just a few months because of the TANF program and contractionary monetary policy.

was reduced by a factor of 10 in just a few months because of the TARP program and contractionary monetary policy.

more than tripled in size in just a few months because of the TARP program and expansionary monetary policy.

more than doubled in size in just a few months because of the TARP program and expansionary monetary policy.

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Answer #1

Gtven dota reart hosing is ts bolosnce Shast: ④uia) halved fnstatn J ust few months on ⑤ uos reduced by ofooler ,of to enfust

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