Which of the Following Observations Is True

question 39

Multiple Choice

Which of the following observations is true?

• A)The central bank directly controls both inside and outside money.
• B)Outside money is that part of the money supply produced by the private banking system.
• C)Inside money refers to the quantity of notes and coin in the economy.
• D)Bulk of the money supply consists of inside money.
• E)Central banks cannot vary the quantity of outside money.

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Definitions:

Variable Categories

Classes or groups of variables in statistics or data analysis that can take on different values and are used to categorize or differentiate data points.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating the amount available to cover fixed costs and generate profit.

Gross Margin

The difference between sales revenue and the cost of goods sold, which represents the profitability of selling goods.

Gross Margin

The difference between sales revenue and the cost of goods sold, indicating the profitability of a company's core activities.