Use the drop-down menus to complete each sentence. a notable action taken by the fed during the financial crisis of 2008 was carrying out open market operations, which was intended to lower the . the actions taken by the fed have immediate positive results, despite the fact that the federal funds rate reached nearly .

The Fed’s decisions on these two questions affect practically every aspect of your financial life, from your job market opportunities to the rates you pay on mortgages and car and consumer loans. They also affect the investment returns you receive from certificates of deposit, savings accounts and even equity holdings.

Based on the Fed's actions in 2008, the following are true:

Both of these measures were meant to reduce short term interest rates which would have hopefully inspired people to borrow and both consume and invest more in the economy. The results were not immediate and took some time.

Find out more about the Great Recession at link.

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on 6 november american voters will elect members of the house of representatives and the senate, which together are called congress.

both houses of congress are currently controlled by the republican party, which backs president donald trump.

the democrats think they can win control of the house of representatives this year by winning a majority of seats.

doing so would let them block or delay the president’s plans by refusing to enact them.

all 435 seats in the house of representatives are up for election.

if the democrats want to take control of the house by having the most seats, they’re going to have to claim at least 23 from the republicans.

graphic: the battle for the house of representatives