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Attempt 1 Consider data covering the Great Recession of 2008-2009 presented in the accompanying graph. ALFRED Il - Monetary Base; Total (left) - Monetary Base;

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Attempt 1 Consider data covering the Great Recession of 2008-2009 presented in the accompanying graph. ALFRED Il - Monetary Base; Total (left) - Monetary Base; Currency in Circulation (left) Macmillan Learning M1 (DISCONTINUED) (right) 2,200,000 1,760 Monetary Base; Total (left): Jan 2007 823,000 1,680 Monetary Base; Currency in Jan 2007 Circulation (left): 807,300 1,600 M1 (DISCONTINUED) (right): Jan 2007 1,370.0 1,520 1,400,000 1,4409 Billions of Millions of Dollars 1,200,000 1.360 Dollars 1,000,000 1.280 800,000 1.200 600,000 1,120 400,000 1,040 2002 2004 2006 2008 2010 Source: Board ot Governors of the Federal Reserve System (US) Customize | Download DataConsider data covering the Great Recession of 2008-2009 presented in the accompanying graph. ALFRED. I - Monetary Base; Total (left) Monetary Base; Currency in Circulation (left) Macmillan Learning M1 (DISCONTINUED) (right) 2,200,000 1,760 2,000,000 Monetary Base; Total (left): Jan 2010 1,995,000 1,680 1,800,000 Monetary Base; Currency in Jan 2010 1,600 Circulation (left): 921,300 1,600,000 M1 (DISCONTINUED) (right) Jan 2010 1,679.1 1,520 1,400,000 1,4409 Millions of Dollars Billions of Dollars 1,200,000 1,360 1,000,000 1,280 Um 800,000 1,200 600,000 1.120 400,000 1.040 2002 2004 2006 2008 2010 1975 Source: Board of Governors of the Federal Reserve System (US)Based on the above graph, fill in the data in the following table: Round answers to two places after the decimal whenever Macmillan Learning necesary. January 2007 January 2010 Money supply a b. Currency C. d. Demand deposits e. f. Monetary base g. h. Currency Reserves k. Money multiplier m. n. Reserve-deposit ratio O . P. Currency-deposit ratio q. r

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