Which of the following is not an element of high Powered money?
A) currency
B) repos
C) required reserves
D) excess reserves
Correct Answer:
Verified
Q10: In business cycle, depression is followed by:
A)
Q11: A business cycle has:
A)three phases
B)four phases
C)five phases
D)six
Q12: Open market operations refer to the sale
Q13: Which of the following is not an
Q14: Which of the following is not a
Q16: The ratio of money supply to high
Q17: Fiscal Policy is a policy of the
A)central
Q18: Fiscal Policy includes:
A)expenditure policy
B)tax policy
C)both a and
Q19: The objective of Monetary Policy is :
A)to
Q20: Fiscal Policy refers to policy towards:
A)public revenue
B)public
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