Virtually All of the Growth of the Monetary Base Is

question 47

Multiple Choice

Virtually all of the growth of the monetary base is caused by

• A)increases in demand for currency by the public as represented by increases in the currency-deposit ratio.
• B)open market operations.
• C)increases in discount loans.
• D)decreases in the required reserve ratio.

---

Definitions:

Horizontally Structured

An organizational layout where companies or departments are equal in status and emphasis is on collaboration and the distribution of power.

Geographic Locations

Specific physical places on Earth's surface identified by their absolute or relative position.

Horizontal Structuring

An organizational structure that emphasizes teamwork and collaboration across departments, reducing hierarchies and fostering a more democratic working environment.

Multinational Conglomerate

A multinational conglomerate is a large corporation that owns a number of different companies in various industries and operates in multiple countries.