Which of the Following Lists Contains Only Actions That Decrease

question 53

Multiple Choice

Which of the following lists contains only actions that decrease the money supply?

• A)lower the bank rate; raise the reserve requirement ratio
• B)lower the bank rate; lower the reserve requirement ratio
• C)raise the bank rate; raise the reserve requirement ratio
• D)raise the bank rate; lower the reserve requirement ratio

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Definitions:

Casualty Loss

A financial loss resulting from sudden, unexpected, or unusual events such as natural disasters, thefts, or accidents.

Insurance Company

A business entity that offers risk management in the form of insurance policies, providing coverage for various risks in exchange for premiums.

Reimbursed

The act of repaying someone for expenses they have incurred on behalf of someone else or a business.

State Income Taxes

Taxes levied by individual states on the income earned by residents and non-residents who receive income from a source in the state.