Both ________ and ________ are monetary liabilities of the Fed.
A) securities;loans to financial institutions
B) currency in circulation;reserves
C) securities;reserves
D) currency in circulation;loans to financial institutions
Correct Answer:
Verified
Q11: Suppose that from a new checkable deposit,First
Q12: Excess reserves are equal to
A)total reserves minus
Q13: The three players in the money supply
Q14: The monetary base consists of
A)currency in circulation
Q15: The government agency that oversees the banking
Q17: Suppose that from a new checkable deposit,First
Q18: The percentage of deposits that banks must
Q19: Total reserves are the sum of _
Q20: Suppose that from a new checkable deposit,First
Q21: Suppose that from a new checkable deposit,First
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