The Monetary Base Is a Principal Determinant of the Nation's

The monetary base is a principal determinant of the nation's money supply. The monetary base is:

A) The sum of legal reserves and coin and currency held by the public
B) The relationship between the size of the nation's money supply and the size of the total reserve base available to depositories
C) The total of deposits each depository keeps with the Federal Reserve bank in its district
D) The difference between required reserves and excess reserves
E) The potential new deposits and loans resulting from an injection of excess reserves