Insert Draw Share Comments Home Page Layout Give Up? Assignment Score: Hint 100/300 Check Answer Resources Conditional Formatting A Format as Table v Clipboard Number Font Alignment Stacked - Question 3 of 3 Cell Styles v fix D9 Inflation, Disinflation, and Deflation - ALFRED Monetary Base; Total Vintage: 2017-12-28 Discovering Data 1 ALFRED Graph Observations 4,000,000 2 Archival Federal Reserve Economic Data The accompanying graph plots the size of the monetary base in the United States 3,600,000 3 Link: https://alfred.stlouisfed.org 4 Help: https://alfred.stlouisfed.org/help 5 Economic Research Division 3,200,000 2,800,000 Federal Reserve Bank of St. Louis over time 2,400,000 Dollars, Annual. No 8 3OGMBASE_20171228 Monetary Base; Total Vintage: 2017-12-28, Millions 2,000,000 10 Frequency: Annual BOGMBASE_20171228 1,600,000 00-01-01 1,200,000 2001-01-01 618451 673530 2002-01-01 800,000 716511 2003-01-01 2004-01-01 752735 400,000 2006 2008 2002 2004 2010 2012 2014 2016 2006-01-01 811522 827190 2007-01-01 2000 1975 987300 2008-01-01 2009-01-01 1775479 Source: Board of Governors of the Federal Reserve System (US) 2011-01-01 2517507 2012-01-01 2641119 2013-01-01 3251704 Download Data | FRED Economic Data from the St. Louis Fed Customize 2014-01-01 3926521 2015-01-01 3974443 2017-01-01 #NA Millions of Dollars
Insert Draw Share Comments Home Page Layout Give Up? Assignment Score: Hint 100/300 Check Answer Resources Conditional Formatting A Format as Table v Clipboard Number Font Alignment Stacked - Question 3 of 3 Cell Styles v fix D9 Inflation, Disinflation, and Deflation - ALFRED Monetary Base; Total Vintage: 2017-12-28 Discovering Data 1 ALFRED Graph Observations 4,000,000 2 Archival Federal Reserve Economic Data The accompanying graph plots the size of the monetary base in the United States 3,600,000 3 Link: https://alfred.stlouisfed.org 4 Help: https://alfred.stlouisfed.org/help 5 Economic Research Division 3,200,000 2,800,000 Federal Reserve Bank of St. Louis over time 2,400,000 Dollars, Annual. No 8 3OGMBASE_20171228 Monetary Base; Total Vintage: 2017-12-28, Millions 2,000,000 10 Frequency: Annual BOGMBASE_20171228 1,600,000 00-01-01 1,200,000 2001-01-01 618451 673530 2002-01-01 800,000 716511 2003-01-01 2004-01-01 752735 400,000 2006 2008 2002 2004 2010 2012 2014 2016 2006-01-01 811522 827190 2007-01-01 2000 1975 987300 2008-01-01 2009-01-01 1775479 Source: Board of Governors of the Federal Reserve System (US) 2011-01-01 2517507 2012-01-01 2641119 2013-01-01 3251704 Download Data | FRED Economic Data from the St. Louis Fed Customize 2014-01-01 3926521 2015-01-01 3974443 2017-01-01 #NA Millions of Dollars
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Hello, can I get help with this question I can't figure it out? I'm debating what to choose from. The chart is in attachments and the download data. this is one question in a sentence asking to choose from the multiple choice. It's completing the sentence blanks.
This is the question:
How does the change in the monetary base help in the government's efforts to finance its deficits?
The increase in the monetary base was created by the
A. president
B. Treasury
C. Senate
D. Federal Reserve
and used to
A. sell
B. buy
government securities—in effect
A. paying off that amount
B. increasing by that amount
of government debt by printing money.
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