Most of the Increase in the Monetary Base Between 2008

question 50

Multiple Choice

Most of the increase in the monetary base between 2008 and 2016 was due to increases in

• A) currency.
• B) bank deposits.
• C) bank reserves.
• D) Treasury bills.

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Definitions:

Fund Providers

Entities or individuals that supply capital or resources to investments, projects, or businesses.

Sole Proprietorships

A business owned and operated by a single individual with no distinction between the business and owner.

Tax Advantage

Financial benefits that apply to certain accounts or investments which are provided to encourage specific behaviors, such as saving for retirement. These advantages can lead to a reduction in tax liability.

Personal Liabilities

Debts or obligations that an individual is responsible for, as opposed to those belonging to businesses or governmental entities.