Easy money policy is monetary policy that increases the money supply the belief that the money supply is the most important factor in macroeconomic performance monetary policy that reduces the money supply the time it takes for monetary policy to have an effect

Easy money policy is monetary policy that increases money supply.

Explanation:

This is usually done through reducing the interest rates by the central bank.

Easy money policy is implemented by the central bank of a country when it wants to increase money flow into the banks.

This policy when implemented leads to an increase in economic growth.

After a short time of implementation, there is experienced an increase in the value of securities.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20