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Extra Credit: 3.5 points Your answer must be TYPED and submitted in the space below. Do NOT attach/submit separately. (elsewhere or via email). 1. [1 point] During the Great Recession (2007-2009), the monetary policy of the Fed caused the monetary base to The money multiplier at the time because e 2. [0.5 points] Given that the FED's monetary policy instrument is the federal funds rate, an example of an intermediate target that the FED will monitor (as part of its monetary policy tactic) is A cash deposit of $100 has the immediate impact of increasing on the Asset Side of a Bank's 3. [0.5 points] Balance sheet. 4. [1 point] If the rate sensitive assets of a bank are equal to $300 million, and rate sensitive liabilities are equal to $700 million, then a FALL in i by one percentage point will result in a (1 or 1) in profits by (#). 5. [0.5 points] Under 100% reserve banking (rr=100%), an Open Market Purchase of $200 million will cause deposits to change by