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Table 141
Monetary Aggregates of the U

question 47

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 Item  Amount  Cash held by public $250 billion  Transactions deposits $1,000 billion  Required reserves $150 billion  Excess reserves $0 billion  U.S. bonds held by public $1,000 billion \begin{array}{|l|r|}\hline {\text { Item }} & \text { Amount } \\\hline \text { Cash held by public } & \$ 250 \text { billion } \\\hline \text { Transactions deposits } & \$ 1,000 \text { billion } \\\hline \text { Required reserves } & \$ 150 \text { billion } \\\hline \text { Excess reserves } & \$ \quad 0 \text { billion } \\\hline \text { U.S. bonds held by public } & \$ 1,000 \text { billion } \\\hline\end{array}
Table 14.1
Monetary Aggregates of the U.S. Financial System Assume an original balance sheet: The level of total reserves in Table 14.1 is


Definitions:

Receptors

Specialized cells or structures in the body that respond to specific chemical, physical, or environmental stimuli.

Postsynaptic Dendrite

The part of a neuron that receives signals from other neurons at the synapse.

Terminal Buttons

Parts of the neuron, at the end of axons, that release chemical signals from the neuron into the synapse.

Agonists

Substances or drugs that activate receptors to produce a desired biological response, often mimicking the action of naturally occurring substances.

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