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The Monetary Base Is the

Question 187

Multiple Choice

The monetary base is the


A) minimum reserve banks must hold to cover any losses from unpaid loans.
B) sum of coins,Federal Reserve notes,and banks' reserves at the Fed.
C) sum of gold and foreign exchange held by the Fed.
D) sum of government securities and loans to banks held by the Fed.
E) sum of coins,required reserves,and banks' loans.

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