A Decrease in ________ Leads to an Equal ________ in the Monetary

question 129

Multiple Choice

A decrease in ________ leads to an equal ________ in the monetary base in the short run.

• A)float;increase
• B)float;decrease
• C)Treasury deposits at the Fed;decrease
• D)discount loans;increase

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Definitions:

D-Day

The Allied invasion of Normandy, France, on June 6, 1944, a pivotal event during World War II that led to the liberation of Western Europe from Nazi control.

Normandy

a region in France known for its role in the D-Day landings of June 6, 1944, during World War II, which marked the beginning of the end of the war in Europe.