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c) (10 points - 5 for each explanation} Explain why: 1) the money multiplier is so different and 2) why the monetary base is so

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c) (10 points - 5 for each explanation} Explain why: 1) the money multiplier is so different and 2) why the monetary base is so different between these two periods. d) {5 points) Calculate what the money supply would have been if the Fed increased the monetary base as they did from May of 2008 to May of 2009 but the money multiplier remained at its value in May of 2008. e) {5 points) Given the conditions that prevailed during May of 2009, suppose the Fed wanted to increase the money supply by 10% from its value in May of 2009. What type and how many open market operations would they need to conduct

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