The Monetary Base Is Equal to the Sum of Coins

question 69

Multiple Choice

The monetary base is equal to the sum of coins,

• A)and checkable deposits at banks.
• B)currency and checkable deposits at banks.
• C)U.S. government securities owned by the Federal Reserve and Federal Reserve notes.
• D)currency, banks' reserves at the Federal Reserve and checkable deposits at banks.
• E)currency and banks' reserves at the Federal Reserve.

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Definitions:

Maersk Line

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