Solved

Which of the Following Statements Is False

Question 138

Multiple Choice

Which of the following statements is false?


A) The Fed has the legal authority to create money out of thin air.
B) There is a direct relationship between the money supply and the required reserve ratio.
C) The Fed can cause money to disappear into thin air.
D) The federal funds market is a market in which banks can borrow money from other banks.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents