Considering a central bank's balance sheet, when the value of an asset increases:
A) Nothing happens to its balance sheet
B) A liability must increase
C) The value of another asset must decrease
D) Either the value of another asset decreases or a liability must increase
Correct Answer:
Verified
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A)Equal to the total amount
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A)M1
B)M2
C)High-powered
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Q31: In dollar amounts:
A)The monetary base is larger
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