While the Fed Can Influence the Money Stock, the Ratio

question 48

Multiple Choice

While the Fed can influence the money stock, the ratio of currency to deposits in the country at any given time is determined

• A)by banks
• B)jointly by the Treasury and the Fed
• C)only by lending institutions which provide banking services
• D)only by the actions of the Treasury Department
• E)by the public, as households and businesses hold money in the form they prefer

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Definitions:

Gametophyte

The sexual form (haploid phase) in the life cycle of plants and algae that produces gametes through mitosis.

Ferns

Non-flowering vascular plants that reproduce via spores, possessing large, divided leaves.

Zygote

The initial cell formed when a new organism is produced by sexual reproduction, created by the union of sperm and egg.

Sporophyte

The stage in the plant life cycle that arises from the fertilization of gametes and produces spores for reproduction, distinct from the gametophyte generation.