Both ________ and ________ Are Monetary Liabilities of the Fed

question 31

Multiple Choice

Both ________ and ________ are monetary liabilities of the Fed.

• A)government securities; discount loans
• B)currency in circulation; reserves
• C)government securities; reserves
• D)currency in circulation; discount loans

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Definitions:

Social Network Theory

A theoretical framework that examines the social structures made up of individuals or organizations and the interactions between them.

Networks Effect

The phenomenon whereby a product or service gains additional value as more people use it, often seen in telecommunications and social media platforms.

Network Effect

A phenomenon where the value of a product or service increases as more people use it, creating a positive feedback loop of growth.

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