Table 141 Monetary Aggregates of the U Assume an Original Balance Sheet: the Level of Total Reserves

question 29

Multiple Choice

Table 14.1 Monetary Aggregates of the U.S.Financial System
$\begin{array}{|l|r|}\hline\text { Item } & \text { Amount } \\\hline \text { Cash held by public } & \text { \$250billion } \\\hline\text { Transactions deposits } & \text { \$1,000billion } \\\hline\text { Required reserves } & \text { \$150billion } \\\hline\text { Excess reserves } & \text { \$0billion } \\\hline \text { U.S. bonds held by public } & \$ 1,000 \text { billion }\\\hline \end{array}$

Assume an original balance sheet: The level of total reserves in Table 14.1 is

• A)$1,150 billion.
• B)$150 billion.
• C)$250 billion.
• D)$400 billion.

---

Definitions:

Allport

Gordon Allport, an influential psychologist known for his theory of personality and the study of the individual.

Unconscious

A section of the mind that remains hidden from conscious perception but still impacts both behaviors and emotional responses.

Influences

The capacity to have an effect on the character, development, or behavior of someone or something.

Psyche

The human soul, mind, or spirit, often considered as the totality of a person's thoughts, feelings, and attitudes.