according to the fed, what were the major problems during the financial crisis of 2008? check all that…

according to the fed, what were the major problems during the financial crisis of 2008? check all that apply.\nthe money supply became less liquid.\nconsumer spending increased dramatically.\nlending and credit stopped.\nbanks were too easily able to fulfill consumer demands for loans.\nit was difficult for banks to receive the loans needed to have cash required to function.

according to the fed, what were the major problems during the financial crisis of 2008? check all that apply.\nthe money supply became less liquid.\nconsumer spending increased dramatically.\nlending and credit stopped.\nbanks were too easily able to fulfill consumer demands for loans.\nit was difficult for banks to receive the loans needed to have cash required to function.

Answer

Brief Explanations:

During the 2008 financial crisis, the money - supply became illiquid as banks were reluctant to lend. Lending and credit froze up. Also, banks faced difficulties in obtaining loans to meet their cash - flow requirements. Consumer spending decreased, not increased, and banks were not easily fulfilling consumer loan demands.

Answer:

The money supply became less liquid. Lending and credit stopped. It was difficult for banks to receive the loans needed to have cash required to function.