
The central bank of the United States is the:
A) First American Bank.
B) Federal Reserve.
C) Federal Deposit Insurance Corporation.
D) U) S. Treasury.
Correct Answer:
Verified
Q18: The monetary base consists of:
A)currency plus reserves.
B)currency
Q19: Deposits held by commercial banks are insured
Q20: The money supply consists of:
A)currency plus reserves.
B)currency
Q21: Open market sale of government securities results
Q22: The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is
Q24: The interest rate the Federal Reserve charges
Q25: The private financial market where banks borrow
Q26: A goal of expansionary monetary policy is
Q27: Contractionary monetary policy is achieved by:
A)decreasing the
Q28: The interest rate that banks charge on
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