The "exotic" mortgage instrument of recent years is exemplified by the

During the Great Recession, the Fed relied on each of the following tools to influence the economy EXCEPT:

A. paying interest on reserves. B. reverse repurchase agreements. C. open market operations. D. quantitative easing.

Empirical evidence across numerous countries indicates that changes in the ________ are associated with nearly equiproportional changes in ________

A) money supply, real GDP per year B) money supply, price level C) price level, money supply D) real GDP per year, income velocity of money