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As of 2013, the U.S. monetary base has ________ its 2007 level, the level held before the 2008 finan

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As of 2013, the U.S. monetary base has ________ its 2007 level, the level held before the 2008 finan

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

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Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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