The factor accounting for the steepest rise in the currency ratio since 1892 is
A) taxes.
B) bank panics.
C) illegal activity.
D) an increase in wealth.
Correct Answer:
Verified
Q208: Everything else held constant,an increase in wealth
Q209: The steepest increase in the currency ratio
Q210: Part of the increase in currency holdings
Q211: The increase in the availability of ATMs
Q212: Factors causing an increase in currency holdings
Q213: The declining trend in the currency-deposit ratio
Q214: The increase in the currency ratio during
Q216: Everything else held constant,an increase in the
Q217: Everything else held constant,an increase in the
Q218: The monetary base increased by 20% during
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