The monetary base is which of the following?
A) total reserves
B) M1 less reserves
C) vault cash plus deposits at the Fed
D) total reserves plus currency in the hands of the public
Correct Answer:
Verified
Q44: A lower reserve requirement would tend to
A)increase
Q45: If the currency deposit ratio increases, ceteris
Q46: The banking system is loaned up and
Q47: How is the multiplier, which takes account
Q48: Some complicating realities in the multiplier model
Q50: In general, for a given change in
Q51: Which of the following is false?
A)Depository institutions
Q52: The currency drain affects the money multiplier
Q53: The money multiplier is more complicated than
Q54: When the Fed reports a large monthly
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