Which of the Following Statements Is False

question 71

Multiple Choice

Which of the following statements is false?

• A)The multiplying capacity of primary deposits is hindered by cash leakages from the banking system.
• B)The monetary base is defined as bank reserves plus currency held by the nonbank public.
• C)In contrast to the other transactions that affect reserves in the banking system, open market operations are entirely at the initiative of the Federal Reserve.
• D)All the above statements are correct.

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Definitions:

Store Expansion

The process by which a retail business opens additional locations or increases the size of existing ones to reach more customers or offer more products/services.

Dominant Strategy

In game theory, a strategy that is the best choice for a player, no matter what the other players do.

Drug Dealers

Individuals or entities involved in the illegal trade of controlled substances.

Confess

To admit or acknowledge something that is true, especially something personal or sensitive.