Multiple Choice
The quantitative easing policy conducted by the Federal Reserve between 2007 and 2011 resulted in a large increase in the monetary base that was partially offset by:
A) a significant increase in the reserve-deposit ratio.
B) a significant decrease in the reserve-deposit ratio.
C) open-market purchases.
D) open-market sales.
Correct Answer:
Verified
Correct Answer:
Verified
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