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Save in Homework: Chapter 17 Home... Question 10, RTDA: Exe.. HW Score: 80.55%, 8.05 of 10 points Part 3 of 4 @ Points:0.6 of 1

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Save in Homework: Chapter 17 Home... Question 10, RTDA: Exe.. HW Score: 80.55%, 8.05 of 10 points Part 3 of 4 @ Points:0.6 of 1 Monetary Base BOGMBASE Click the following link to access the M1 money stock data from ERED The value of 1 for October, 2021 is $20083,1 bilion The value of the monetary base for October, 2021 $ 6331 billon. (Enter your response exactly as it appears in FRED) Based on the values of M1 and the monetary bato above, the value of the monay mulipler for October, 2021 a 3.172. (Enter your rowento rounded to three decimal placon) Calculato the value for the money multiplier for October, 2016 For October 2016, the multiple was 952. (Enter your response rounded to live decimal places) How much would a $5 million open market purchase of securities by the Fed in affect the M1 money supply today If the monetary base increases by $5 milion, the money supply (1) will increase by million. (Enter your response rounded to the nearest whole newber)

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