Which of the Following Is True of Federal Reserve Float

question 10

Multiple Choice

Which of the following is true of Federal Reserve float?

• A)It is typically zero.
• B)The amount of cash items in the process of collection typically exceeds the amount of deferred availability cash items.
• C)The amount of deferred availability cash items typically exceeds the amount of cash items in the process of collection.
• D)Over long periods of time, float is a significant source of change in the monetary base.

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Definitions:

Explicit Knowledge

Knowledge that can be articulated, codified, and communicated; it includes facts, information, and skills that a person can convey in a systematic and formal manner.

Spatial Updating

The processes by which individuals continually revise their mental representation of where things in the environment are with respect to their current location.

Demand Characteristics

Demand characteristics refer to the subtle cues or features in an experimental environment that may influence participants' behaviors or responses, thereby affecting the validity of the experiment.

Tversky

Amos Tversky, a cognitive and mathematical psychologist known for his work on decision-making and cognitive biases.