How did the Federal Reserve's actions during the 2007-2009 recession differ from those during the Great Depression?

• A. The Federal Reserve's actions were identical in both periods.
• B. The Federal Reserve took more aggressive and proactive measures during the 2007-2009 recession.
• C. The Federal Reserve focused solely on interest rate adjustments during both periods.
• D. The Federal Reserve did not intervene in the financial markets during the Great Depression.

Answer: (B)