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24 November, 11:28

From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Reserve assets rose, leading to

A) a huge increase in the monetary base.

B) a huge expansion of the money supply.

C) an economic expansion.

D) a high inflation

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  1. 24 November, 11:57
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    Answer: The correct answer is choice A - a huge increase in the monetary base.

    Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.
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