As of 2013,the U.S.monetary base has ________ its 2007 level,the level held before the 2008 financial crisis,as a direct result of ________.
A) quadrupled;the Fed's actions with quantitative easing
B) doubled;the Fed's actions with quantitative easing
C) tripled;the Fed's actions with quantitative easing
D) quadrupled;the Fed's actions and the resulting reduction of the money multiplier
E) tripled;the Fed's actions and the resulting reduction of the currency drain
Correct Answer:
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Q278: Suppose the desired reserve ratio is 10
Q279: The monetary multiplier is 3 and the
Q280: Suppose the currency drain ratio is 25
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Q282: The M2 multiplier in the United States
Q284: Banks can make loans up to an
Q285: If there is an increase in the
Q286: An increase in the currency drain ratio
A)increases
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Q288: When part of a bank loan does
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