During the financial crisis of 2008, Fed policy
a. caused the monetary base to shrink significantly.
b. approximately doubled the M1 money supply.
c. approximately doubled the monetary base.
d. maintained the monetary base at a constant level.
C
Economics
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Imagine that you are a member of the Board of Governors of the Federal Reserve. If the economy is experiencing rapid inflation, what actions might you advocate? Why?
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An example of a final service is:
A. getting the oil changed in your car. B. a used car. C. Tires purchased by Ford to put on their new Explorers. D. a tire to replace your flat.
Economics