Recall the Application about the Fed's policy of quantitative easing to answer the following question(s).
-Recall the Application. By the end of the last phase of quantitative easing in late 2014, that value of the Fed's assets was
A) $1 trillion.
B) $2 trillion.
C) $3 trillion.
D) $4.5 trillion.

Question

Quizplus · Accepted Answer

The application states that "the Fed's assets had ballooned to $4.5 trillion by the end of the last phase of quantitative easing in late 2014." Therefore, the correct answer is D, which represents $4.5 trillion.

Recall the Application About the Fed's Policy of Quantitative Easing