The basic definition of the money supply involves:
A) currency plus reserves.
B) currency plus the monetary base.
C) currency plus deposits.
D) the monetary base plus deposits.
Correct Answer:
Verified
Q12: The difference between the chartered banks and
Q14: Liabilities of chartered banks include:
A) reserves.
B) currency
Q15: Assets of chartered banks include:
A) money market
Q18: The size of the monetary base is
Q19: In Canada,chartered bank reserves consist of:
A) currency
Q20: In a fractional-reserve banking system,banks create money
Q21: When the Bank of Canada conducts an
Q25: Banks create money in:
A) a 100-percent-reserve banking
Q36: In Canada, the money supply is determined:
A)only
Q70: If the monetary base equals $400 billion
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