From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Re

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3 years ago

6

From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Re

serve assets rose, leading to
A) a huge increase in the monetary base.
B) a huge expansion of the money supply.
C) an economic expansion.
D) a high inflation

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1 answer:

alexandr402 [8] · Answer 1 · 2021-11-28T20:10:39+03:00

Answer: The correct answer is choice A - a huge increase in the monetary base.

Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.