Banking System Reserves Plus Currency Held by the Nonbank Public

question 23

Multiple Choice

Banking system reserves plus currency held by the nonbank public is referred to as the

• A) money supply.
• B) monetary base.
• C) monetary multiplier.
• D) monetary requirement.

---

Definitions:

Lobbyist

A person who seeks to influence political decisions on behalf of a particular cause or organization, usually through direct contact with politicians or legislators.

Insider Strategy

A political or business strategy focusing on leveraging internal connections or knowledge to achieve goals or influence outcomes.

National Wildlife Foundation

An organization dedicated to the conservation, protection, and enhancement of wildlife and their habitats in the United States.

Iron Triangle

A term describing the policy-making relationship among the congressional committees, the bureaucracy (government agencies), and interest groups.