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From before the financial crisis began in September of 2007 to when the crisis was over at the end o

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From before the financial crisis began in September of 2007 to when the crisis was over at the end o

From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, the huge expansion in the Fed's balance sheet and the monetary base did not result in a large increase in monetary supply because
A) the Fed also conducted open market sales.
B) most of it just flowed into holdings of excess reserve.
C) the Fed also increased the required reserve ratio.
D) the discount loan decreased.

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The Economics of Money, Banking and Financial Markets, Business School Edition

Edition: 4^th

Author: Mishkin

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Our course uses > The Economics of Money, Banking and Financial Markets

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valputin Author

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8 years ago

Correct

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Our course uses > The Economics of Money, Banking and Financial Markets

Meela

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8 years ago

Good luck with the rest

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