Which Statement(s) Is/are TRUE? I

question 127

Multiple Choice

Which statement(s) is/are TRUE? I. Increasing the reserve requirement would decrease the money supply.
II) Decreasing the discount rate would decrease the money supply.
III) Buying government bonds would increase the money supply.

• A) II only
• B) III only
• C) I and II only
• D) I and III only

---

Definitions:

Independent

Not influenced or controlled by others in matters of opinion, conduct, etc; thinking or acting for oneself.

Tukey's Method

A statistical test used to identify outliers in a data set.

Difference Exists

Refers to the assertion that there is a statistically significant variation between two or more groups or variables being studied.

Significance Level

The probability of rejecting the null hypothesis when it is true, used as a criterion for testing statistical significance.