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The Monetary Base of the Nation Refers to The

Question 3

Multiple Choice

The monetary base of the nation refers to the:


A) domestic credit created by the nation's monetary authorities or the domestic assets backing of the nation's money supply
B) international reserves of the nation
C) domestic credit created by the nation's monetary authorities or the domestic assets backing of the nation's money supply plus the international reserves of the nation
D) legal reserve requirements in the nation

Correct Answer:

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