Table 142 Monetary Aggregates of the U Assume an Original Balance Sheet: the Level of Total Reserves

question 54

Multiple Choice

Table 14.2 Monetary Aggregates of the U.S.Financial System
$\begin{array}{|l|r|}\hline\text { Item } & \text { Amount } \\\hline \text { Cash held by public } & \text { \$100billion } \\\hline\text { Transactions deposits } & \text { \$300billion } \\\hline\text { Required reserves } & \text { \$30billion } \\\hline\text { Excess reserves } & \text { \$0billion } \\\hline \text { U.S. bonds held by public } & \$ 475 \text { billion }\\\hline \end{array}$

Assume an original balance sheet: The level of total reserves in Table 14.2 is

• A)$330 billion.
• B)$30 billion.
• C)$475 billion.
• D)$315 billion.

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Definitions:

Mixers

Electronic or mechanical devices used to combine, blend, or process ingredients or substances in various industries, or an event primarily intended to encourage socializing.

Average Total Cost

The total cost of producing a certain amount of a good, divided by the quantity of the good produced.

Mixers

In economics, mixers could refer to investments or strategies combining different types of assets or market instruments to achieve diversity, though the term is more commonly associated with devices that blend or mix substances.

Bakes

Refers to the process of cooking food by dry heat, typically in an oven, but also includes the variety of goods produced through this method.