The Part of the Money Supply Produced by Depository Institutions

question 97

True/False

The part of the money supply produced by depository institutions is referred to outside money because it is produced outside of the government.

---

Definitions:

Distribution

Describes how the values of a dataset or population are spread or dispersed.

Standard Deviation

A measure of the dispersion or spread of a set of data points relative to its mean, indicating how much the values in the data set vary from the average.

Normally Distributed

Describes a data set whose distribution forms a symmetric, bell-shaped curve around the mean.

Top 10%

A term used to denote the upper 10 percentile of a data set or distribution, representing values higher than 90% of the others.