The money supply consists of:
A) currency plus reserves.
B) currency plus required reserves.
C) currency plus excess reserves.
D) currency plus demand deposits.
Correct Answer:
Verified
Q15: The function of money that enables prices
Q16: The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is
Q17: The function of money that enables money
Q18: The monetary base consists of:
A)currency plus reserves.
B)currency
Q19: Deposits held by commercial banks are insured
Q21: Open market sale of government securities results
Q22: The currency deposit ratio,c,is 0.10.The reserve requirement,rr,is
Q23: The central bank of the United States
Q24: The interest rate the Federal Reserve charges
Q25: The private financial market where banks borrow
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