The importance of the float is that it
A) exists at all.
B) fluctuates considerably.
C) decreases total reserves.
D) is very stable.
Correct Answer:
Verified
Q17: A gold purchase by the U.S. Treasury
A)
Q18: Federal Reserve liabilities are equal to
A) gold
Q19: Which of the following is a correct
Q20: The largest item on the liability side
Q21: In open market operations, when the Fed
Q23: When the Fed receives an inflow of
Q24: When currency outstanding decreases,
A) gold certificates rise.
B)
Q25: A sound monetary policy response to a
Q26: Bank reserves will decrease if
A) Fed liabilities
Q27: When currency outstanding increases,
A) gold certificates rise.
B)
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