Under which circumstances might you receive a tax refound from irs? a- when your total of previous payments and applicable credits is more than the tax you owe. b-when your total of previous payments and applicable credits is less than the tax you owe. c- when your total of previous payments and applicable credits is equal to the tax you owe. d-non of the above.

Where are the choices.

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.