According To The Fed What Were The Major Problems During The Financial Crisis Of

According to the Fed, what were the major problems during the financial crisis of 2008? Check all that apply.

1.The money supply became less liquid.

2.Consumer spending increased dramatically.

3.Lending and credit stopped.

4.Banks were too easily able to fulfill consumer demands for loans.

5.It was difficult for banks to receive the loans needed to have cash required to function.

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