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

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Labor organizations formed in the past to protect workers' rights, negotiate wages, and improve working conditions.

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A law designed to regulate the interaction between labor unions and employers to ensure fair practices in collective bargaining and labor relations.

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