Which of the Following Lists Two Things That Both Decrease

question 2

Multiple Choice

Which of the following lists two things that both decrease the money supply?

• A)make open market purchases and raise the reserve requirement ratio
• B)make open market purchases and lower the reserve requirement ratio
• C)make open market sales and raise the reserve requirement ratio
• D)make open market sales and lower the reserve requirement ratio

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Definitions:

Variance

A statistical measurement of the spread between numbers in a data set, indicating how far each number in the set is from the mean.

Significantly Less

A statistical term used to indicate that one set of data is considerably lower than another with a level of statistical significance.

Variance

A statistic that measures the spread between numbers in a data set, indicating how far each number in the set is from the mean.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the members of a group differ from the mean value of the group.