Question: 3. Access the Discovering Data exercise for Chapter 16 online to answer the following questions. a. How much did the monetary base change in the

3. Access the Discovering Data exercise for Chapter 16 online to answer the following questions.

a. How much did the monetary base change in the last year?

b. How did the change in the monetary base help in the government’s efforts to finance its deficit?

c. Why is it important for the central bank to be independent of government policy makers?

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