The Equation That Shows the Amount of the Monetary Base

question 181

Multiple Choice

The equation that shows the amount of the monetary base needed to support existing levels of checkable deposits,excess reserves,and currency is

• A)MB = (r ×
• D) + ER + C
• B)MB = (r +
• D) + ER + C
• C)MB = + ER + C
• D)MB = (r ×
• D) - ER - C

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