Why Did the Monetary Base Increase Rapidly During the Economic

question 109

Multiple Choice

Why did the monetary base increase rapidly during the economic crisis of 2008?

• A) The Fed purchased more assets and extended more loans.
• B) The Fed sold financial assets and extended fewer loans.
• C) The Fed purchased more assets, but extended fewer loans.
• D) The Fed sold financial assets, but extended more loans.

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Definitions:

Organizational

Pertaining to the structure and functioning of an organization, including its processes, policies, and procedures.

Engaged People

Individuals who are fully absorbed by and enthusiastic about their work and so take positive action to further the organization’s reputation and interests.

Work Performance

The effectiveness and efficiency with which an individual or group accomplishes tasks and goals in a job setting.

Absenteeism

The frequent absence from work or other commitments without good reason, often used as an indicator of employee disengagement or dissatisfaction.