The Monetary Base Is

question 86

Multiple Choice

The monetary base is

• A) currency and reserves of depository institutions.
• B) currency minus depository institutions' reserves.
• C) depository institutions' reserves minus Federal Reserve notes.
• D) the money borrowed by banks from other banks.

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Definitions:

Fiscal Crime

Illegal activities that harm the financial health of an organization, such as fraud, embezzlement, or money laundering.

White-Collar Crime

A crime that typically occurs in a business context. Popularly used to refer to an illegal act or series of acts committed by a person or business entity using nonviolent means.

Property Crime

Offenses that involve the unauthorized taking of or damage to another's property.

Robbery

The taking of money, personal property, or any other article of value from a person by means of force or fear.