The Monetary Base Consists of

question 12

Multiple Choice

The monetary base consists of

• A)government securities held by the Federal Reserve.
• B)the money supply.
• C)currency and bank deposits at the Federal Reserve.
• D)currency and bank reserve deposits at the Federal Reserve.
• E)currency and bank deposits.

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Definitions:

Significant Figures

The digits in a number that are meaningful in terms of accuracy or precision, typically used in scientific measurements.

Percent

A ratio or fraction out of 100 used to express quantities in fractions of a hundred.

Accurate

A term describing information or measurements that are correct, precise, and free of errors.

Cent

A form of money present in multiple countries, representing one one-hundredth of a decimal currency such as the dollar or euro.