When the Fed Makes an Open-Market Sale, It

question 20

Multiple Choice

When the Fed makes an open-market sale, it:

• A)increases the money multiplier (m).
• B)increases the currency-deposit ratio
• C)(cr). increases the monetary base (B).
• D)decreases the monetary base (B).

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Definitions:

Perpendicular

At right angles to.

Light Beam Alignment

Suspension/chassis alignment instruments that use projected light beams and templates.

Axle Tracking

The alignment of axles to ensure that they are parallel to each other and perpendicular to the central line of the vehicle for optimal performance.

Kingpin Flag Assembly

A crucial component in the steering mechanism of heavy vehicles, connecting the axle to the wheel assembly.