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Refer to the Information in the Table

question 44

Multiple Choice

Refer to the information in the table. The amount of currency held by the public ________, and the amount of reserves held by banks ________. It must be the case that, in 1932, the Federal Reserve ________. Refer to the information in the table. The amount of currency held by the public ________, and the amount of reserves held by banks ________. It must be the case that, in 1932, the Federal Reserve ________. A) increased; also increased; increased the discount rate B) decreased; also decreased; kept the rate of inflation low C) decreased; increased; performed open-market operations D) increased; also increased; injected reserves into the economy

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