During the early 2000s the Fed's __________ federal funds rate targets led to a ___________ in mortgage interest rates

The Federal Reserve has:

A. made some booms and recessions worse rather than better. B. a good track record of only making booms and recessions better. C. made some recessions worse but generally makes booms better. D. made some booms worse but generally makes recessions better.

The quantity of money in an economy is $9 million, and the velocity of circulation is 3. Nominal GDP in this economy is ________

A) $6 million B) $9 million C) $3 million D) $27 million