What interesting event took place on March 26, 2020 in response to the COVID-19 pandemic?

To conduct Monetary Restraint, the Federal Reserve System can:

When the Federal Reserve System buys bonds from the general public:

To conduct Monetary Stimulus, the Federal Reserve System can:

When the Federal Reserve System sells bonds from its portfolio to the general public:

If the Federal Reserve System decides to decrease the value of the reserve ratio, then excess reserves for the banking system will ___ and ____ loans can be made to customers.

In today’s economy, if the government wants to control the amount of money circulating in the economy, then it must:

Suppose a private bank needs to acquire short-term funds. The private bank can:

If the Federal Reserve System decides to increase the value of the reserve ratio, then excess reserves for the banking system will ___ and ____ loans can be made to customers.

Suppose the Federal Reserve System decides to sell $40 billion of US Treasury bonds to the general public. If the reserve requirement is currently 25%, then the nation’s money supply will eventually ___ as a result of the FED’s actions.