The Federal Reserve System and Open Market Operations_ Ask FRED The accompanying graph depicts the value of mortgage-backed securities held by the Federal Reserve over time. ALFRED IlMorgage-backed securities held by the Federal Reserve: All Maturities Vintage 2018-02-08 1,800,000 1,600,000 1,400,000 1,200,000 O 1.000,000 800,000 600,000 400,000 200,000 -200,000 2004 2006 2008 2010 2012 2014 2016 2005 Source: Board of Governors of the Federal Reserve System (US) b. What was the value of mortgage-backed securities did the Fed hold in 2016? Enter your answer in millions of dollars million
The Federal Reserve System and Open Market Operations_ Ask FRED The accompanying graph depicts the value of mortgage-backed securities held by the Federal Reserve over time. ALFRED IlMorgage-backed securities held by the Federal Reserve: All Maturities Vintage 2018-02-08 1,800,000 1,600,000 1,400,000 1,200,000 O 1.000,000 800,000 600,000 400,000 200,000 -200,000 2004 2006 2008 2010 2012 2014 2016 2005 Source: Board of Governors of the Federal Reserve System (US) b. What was the value of mortgage-backed securities did the Fed hold in 2016? Enter your answer in millions of dollars million
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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