If Reserve Bank Notes Are $65 Billion and Banks' Deposits

question 33

Multiple Choice

If Reserve Bank notes are $65 billion and banks' deposits at the Reserve Bank are $22 billion, the stock of gold and foreign exchange is $74 billion, and the Reserve Bank owns $13 billion of government securities, what does the monetary base equal?

• A) $76 billion
• B) $87 billion
• C) $65 billion
• D) $88 billion
• E) $74 billion

---

Definitions:

Replication Error

Mistakes that occur during the DNA replication process, potentially leading to mutations if not corrected by DNA repair mechanisms.

Permanent Mutation

A change in the DNA sequence that is irreversible and can be passed down to successive generations.

Complementary Strand

The sequence of DNA or RNA that is the precise partner or counterpart to a given DNA or RNA sequence, adhering to base pairing rules.

Template DNA

The strand of DNA that serves as the guide for synthesizing a complementary strand during DNA replication or transcription.